The Firm is representing Kohlberg Kravis Roberts & Co. L.P. (together with its affiliates, “KKR”) in the sale of Intelligence Holdings, Ltd. to Temp Holdings, Co. Ltd. Temp Holdings will acquire all outstanding equity of Intelligence from KKR and the management of Intelligence for an enterprise value of ¥68 billion ($716 million). The transaction is subject to customary closing conditions.
Temp Holdings is one of Japan’s largest comprehensive recruitment services companies and Intelligence is also a leading comprehensive recruitment services provider in Japan.
The Simpson Thacher team includes David Sneider, Sayo Kondo and Noritaka Kumamoto (M&A); Sinead O’Shea and Makiko Harunari (Credit); and David Vann and Étienne Renaudeau (Antitrust).