MISUMI Investment USA Corporation entered into an agreement to acquire Fictiv Inc. for $350 million on April 16, 2025. The all-cash transaction has a total consideration of $350 million, subject to closing adjustments. Once closed, Fictiv will join MISUMI Group Inc.

The transaction is subject to approval by regulatory board.

JPMorgan Chase & Co. acted as the financial advisor for Fictiv Inc. Morrison & Foerster LLP, led by San Francisco corporate partners Michael Glaser and Matt O'Donnell, along with San Francisco corporate associate Samantha Rose and Los Angeles corporate associate Kaimi Jeff Miyazawa, acted as legal advisors for Fictiv Inc. Clifford Chance LLP acted as legal advisors for MISUMI Investment USA, led by associates Ryokei Abe (Tokyo), Susan Trepekli (New York), Michelle Green (New York), and Austin Johnson (Houston), advised on M&A aspects. Partner Leigh Oliver and associate Eva Kurban in Washington, DC, advised on antitrust aspects, while Partner Philip Wagman and associate Sharon Yu in New York advised on tax aspects. SMBC Nikko Securities Canada, Ltd. acted as the financial advisor for MISUMI Investment USA.

MISUMI Investment USA Corporation completed the acquisition of Fictiv Inc. on June 17, 2025.