KKR Asian Fund IV, managed by KKR & Co. Inc. (NYSE:KKR) agreed to acquire Yayoi Co., Ltd. from ORIX Corporation (TSE:8591) on December 17, 2021. For the year ending on September 30, 2021, Yayoi Co., Ltd. reported Net assets of ¥8.7 billion, Total Assets of ¥35.973 billion and Net sales of ¥21.193 billion. The transaction is subject to regulatory approvals and customary closing conditions. The transaction is expected to close on March 1, 2022. BofA Securities Japan Co., Ltd. acted as financial advisor to KKR & Co. Inc. Noritaka Kumamoto, Jonathan Stradling, Daisuke Ueta, Ian Ho, Makiko Harunari and Atsushi Usui of Simpson Thacher & Bartlett LLP acted as legal advisor to KKR & Co. Inc. Mitsubishi UFJ Morgan Stanley Securities Co., Ltd. acted as a financial advisor to ORIX Corporation.