Private equity firm MBK buys Japan elderly care provider Unimat for over $300m

Private equity firm MBK buys Japan elderly care provider Unimat for over $300m

Japan by Manuel Consentino on Unsplash

North Asia-focused private equity firm MBK Partners paid over $300 million to wholly acquire Unimat Retirement Community Co (URC), a Japanese elderly care service provider, a person with direct knowledge of the deal told Reuters on Wednesday.