Categories: Wire Stories

Lone Star Announces Acquisition of SENQCIA Corporation

DALLAS & TOKYO–(BUSINESS WIRE)–Lone Star Funds (�Lone Star”) today announced that an affiliate of Lone Star has successfully acquired SENQCIA Corporation (“SENQCIA”). Terms of the transaction were not disclosed.

Headquartered in Tokyo, SENQCIA is a leading structural building materials company in Japan, with expertise in developing, designing and distributing structural and building safety products, seismic reinforcement products and raised access (including clean room) floor products. With over 300 employees, including more than 60 building operation and management engineers, installation managers and technical sales staff, SENQCIA designs, builds, distributes and installs a suite of technical building foundation and other structural support products and specialty flooring.

Affiliates of Lone Star have invested in building products companies in other regions of the world since 2013, including leading manufacturers of general building products, flooring and insulation solutions.

“We look forward to working with SENQCIA, a market leader in building products in Japan,” said Donald Quintin, President, Lone Star Opportunity Funds. “This opportunity is consistent with Lone Star’s strategy to invest in businesses with substantial runway for growth. We are excited to partner with SENQCIA’s talented management team and for the growth opportunities ahead.”

About Lone Star

Lone Star, founded by John Grayken, is a leading private equity firm advising funds that invest globally in real estate, equity, credit and other financial assets. Since the establishment of its first fund in 1995, Lone Star has organized 22 private equity funds with aggregate capital commitments totaling approximately $85 billion. The firm organizes its funds in three series: the Commercial Real Estate Fund series; the Opportunity Fund series; and the U.S. Residential Mortgage Fund series. Lone Star invests on behalf of its limited partners, which include institutional investors such as pension funds and sovereign wealth funds, as well as foundations and endowments that support medical research, higher education, and other philanthropic causes. For more information regarding Lone Star Funds, go to www.lonestarfunds.com.

About SENQCIA Corporation

SENQCIA Corporation, formerly known as Hitachi Metals Techno, is a company specialized in the design, manufacturing and sales of structural building materials. The company develops leading products such as Raised Floor Systems, HIBASE Methods and HIRING Methods, vibration dampers, and a new highly valuable business offering earthquake-resistant products for new construction and existing buildings primarily in Japan.

Contacts

Jed Repko / Ed Trissel / Joseph Sala

Joele Frank, Wilkinson Brimmer Katcher

(212) 355-4449

Alex

Recent Posts

St. George’s University Emphasizes Pathology’s Critical Role in Advancing South Korea’s Healthcare Systems on World Pathology Day

SEOUL, SOUTH KOREA - Media OutReach Newswire - 6 November 2024 - On World Pathology…

32 mins ago

Traders’ attitude to charity: global broker Octa’s research

KUALA LUMPUR, MALAYSIA - Media OutReach Newswire - 31 October 2024 - E-brokerage is a…

15 hours ago

Dusit Foods partners with Japanese food industry giant Green House to drive global expansion of Epicure Catering

Strategic alliance poised to create new growth avenues in Thailand, Japan, and beyond. BANGKOK, THAILAND…

17 hours ago

Leonteq Launches Shari’a-Compliant Offering on LYNQS

Leonteq announced today that it has enabled its Shari’a-compliant structured product offering on its digital…

18 hours ago

OZONO Launches in Australia with Innovative Eco-Friendly Cleaning Technology

Revolutionizing Home and Commercial Cleaning with Aqueous Ozone Solutions that are hypoallergenic & eco-friendly QUEENSLAND,…

19 hours ago

Use More to Get More with Citi This Travel Season

Enjoy up to 10% rebate and chance to win business class round trip to Tokyo…

19 hours ago