Bain Capital’s $1.1 Billion Tender Offer For Nichiigakkan

Ropes & Gray advised Bain Capital on the transaction.

Bain Capital announced its approximately $1.1 billion tender offer for all of the outstanding shares of Nichiigakkan, a Japan based company that operates nursing homes and provides hospital services. The tender offer was announced on May 8, commenced on May 11 and is expected close at the end of June.

Founded in 1984, Bain Capital, LP is one of the world’s leading multi-asset alternative investment firms.

Nomura Securities Co. Ltd. is the tender agent.

The Ropes & Gray team that represented Bain Capital on this transaction was led by private capital transactions partners Tsuyoshi Imai (Picture) and Ben Morris, and included private capital transactions counsel Kaori Fukazawa, private capital transactions associate Keisuke Takacho and senior corporate paralegals Nao Omoto and Elena Hikage (all of Tokyo). Private capital transactions associate Alice Sun (Hong Kong) provided financing support. Additional support was provided by private capital transactions associate Kevin Uhler (Chicago) and other Ropes attorneys.

Involved fees earner: Kaori Fukazawa – Ropes & Gray; Tsuyoshi Imai – Ropes & Gray; Ben Morris – Ropes & Gray; Alice Sun – Ropes & Gray; Keisuke Takacho – Ropes & Gray; Kevin Uhler – Ropes & Gray;

Law Firms: Ropes & Gray;

Clients: Bain Capital;

Author: Michael Patrini