M&A Cases

The company is a leading food ingredient manufacturer that manufactures and distributes domestic (Korean) and imported red pepper powder for major institutional catering and food companies. ■Stable and growing macro market environment: Demand for red pepper powder, a key raw material, is experiencing structural growth due to the scaling up of the catering and food service industries and the expanding global exports of K-food. ■Comprehensive product portfolio: A "Dual Brand" strategy encompassing domestic premium products and imported cost-effective products allows the company to cover a wide range of applications and customer needs in all directions. ■Strong customer base: The company has established a highly stable revenue base by supplying all of the top 5 food ingredient distributors in South Korea, including Samsung Welstory and CJ Freshway. ■Advanced manufacturing infrastructure and procurement capabilities: As a top-tier player, the company holds global certifications such as FSSC 22000 and Halal, as well as the industry's virtually unique "Smart HACCP" certification. Additionally, its proactive raw material stockpiling strategy provides a strong defense for profitability by mitigating price fluctuation risks. ■Future growth potential through capital alliance: Further expansion in scale and improvement in profit margins can be expected through entry into B2C channels (such as home shopping) and M&A driven by vertical integration (internalizing pretreatment processes) and horizontal expansion (acquiring peer companies).

Headquartered on the U.S. West Coast, this company operates a Direct-to-Consumer (D2C) athletic apparel business. It utilizes a vertically integrated model, managing the entire process from manufacturing to sales in-house. 【Key Strengths】 ・Stable Financial Growth: Consistently generates over JPY 1 billion in revenue and over JPY 100 million in EBITDA. As a high-growth enterprise, it projects revenue to exceed JPY 1.5 billion in 2025. ・High-Profit D2C Model: Generates 98% of sales through its proprietary website. It has established a highly profitable model (15% EBITDA margin) by effectively leveraging customer data. ・In-House Logistics: Owns a large-scale warehouse facility in Texas, enabling fully self-contained logistics and inventory management.

Specializing in the AI edge video equipment sector, the company holds proprietary core technology for AI IP cameras based on NPU (Neural Processing Unit). The business centers on AI parking guidance solutions and cloud-based video analysis and monitoring services.

Planning, Manufacturing, and Sales of Stationery Centered on High-Performance Book Stands (D2C/E-Commerce) 【Key Features】 ・Rarity of the brand, which achieved domestic top-share status within two years. ・Product planning capabilities and product differentiation backed by patented technology. ・Highly profitable business model that achieves an operating profit margin of approximately 19%. ・Efficient business model utilizing outsourced logistics and influencer marketing.

Leveraging over 50 years of expertise, this company is a highly profitable, Halal-certified enterprise with integrated operations—from managing extensive farmland under rigorous quality control to producing 30 vegetable varieties, manufacturing fertilizer, harvesting, and handling all cold chain logistics and direct market distribution.

The target company is an e-commerce retailer that primarily manufactures and sells clothing and fashion goods. It releases a diverse range of products each season, including outerwear, knitwear, shirts, pants, and accessories. It designs its products in-house and is currently expanding its loyal fan base, primarily among young men. Its distribution channels are diverse, including stores on fashion e-commerce platforms such as MUSINSA, THE X SHOP, its own mall operation, and presence in major offline stores in Seoul.

・Manufactures a wide range of products, including skincare products (serums, sunscreen), oral care products (toothpaste), lip care products, and underarm care products. ・Not only do we manufacture products for other brands (OEM), but we also undertake everything from design to manufacturing (ODM) and manufacture and sell our own brand products (OBM). ・We have the latest manufacturing equipment and can handle everything from small lots to mass production. ・We have obtained international standard certifications such as ISO and GMP, and have a well-established quality control system. ・We have our own research laboratory and are engaged in the development of new products and the improvement of existing products. ・We have a large number of employees with extensive experience in the field, and we are confident in our ability to provide high-quality products and services to our customers.

WELL ESTABLISHED WHOLESALING AND DISTRIBUTION BUSINESS IN SINGAPORE: ・The Group began operations in 2008 and is wholly owned by a single shareholder. • The Group acts as a comprehensive supplier, offering a wide range of products from personal protection safety equipment such as such as safety shoes, coveralls, helmets, and gloves to wholesale building material, hardware tools, electrical appliances, household items and lifestyle products. • It caters to ship chandlers in Singapore as well as various other industries, including construction. HIGHLY PROFITABLE TRACK RECORD: • Operating profitably for more than 10 years and consistently recorded steady returns, with an approximate revenue CAGR of 9.0% over the Historical Period. ESTABLISHED EXCELLENT CUSTOMER RELATIONSHIP AND PRODUCT BRAND: ・As a leading industry player, the Group has established and maintained strong customer relationships, resulting in high retention rates. • The Group’s competitive advantages include its cost leadership and its ability to supply wide variety of products to its customers (including its in-house brands) and are attributed to its ability to search for trustworthy suppliers which are able to supply the required products at low cost.

OEM manufacturing of sensors to be incorporated into various industrial equipment.

Development and sales of deodorant products (such as soaps)