Tokyo – Frontier Management Inc. (CFI Japan) is pleased to announce that they acted as financial advisor to New Horizon Capital Co., Ltd. in the sale of the shares (100%) of Shibaura Fire Pump Corporation to Fenwal Controls of Japan, Ltd.
New Horizon Capital (NHC) is a top-tier Japanese PE fund targeting small- to mid-cap buyout deals, with approximately 18 years of experience. NHC was spun off from Phoenix Capital, which was founded by Yasushi Ando. NHC has been managing three funds since its foundation and nine funds in total as Phoenix Capital and NHC.
Shibaura was founded in 1952 with the launch of the first Fire Pump H model, and has become one of the most respected names in the rescue, fire prevention and disaster relief sectors. The complete line of Portable firefighting pumps and Automatic pumps are sold through a network of distributors and authorized dealers.
Fenwal Controls of Japan, Ltd. manufactures disaster prevention equipment such as fire alarms and sprinklers, using its own heat-control technology.
The transaction closed in January 2021.
Vág-Tech Projekt Kft
€ 21 000 000
Medium Term Loan Facilities
has sold 35% of its shares in