freee K.K. (TSE:4478) entered into an agreement to acquire remaining 86.15% stake in sweep Inc. from Tsuyoshi Murayama and KVP Seed Innovation Fund 2 a fund managed by ANOBAKA Inc. on January 20, 2023. KVP Seed Innovation Fund 2 holds 9.23% and Tsuyoshi Murayama holds 76.92%. For Fiscal year ending May 2022, sweep Inc has net worth of ¥31 million, Total assets of ¥218 million, sales of ¥65 million, operating loss of ¥68 million, net loss of ¥69 million. The deal is expected to close on January 31, 2023.

freee K.K. (TSE:4478) completed the acquisition of remaining 86.15% stake in sweep Inc. from Tsuyoshi Murayama and KVP Seed Innovation Fund 2 a fund managed by ANOBAKA Inc. in January, 2023.