Carlyle Acquires Kyoden

Carlyle Acquires KFC Holdings Japan

July 10, 2024

Restaurants & Hospitality

Global investment firm Carlyle has completed a tender offer to acquire 100% of KFC Holdings Japan, taking the company private by late September 2024. Carlyle plans to partner with Yum! Brands and KFC Japan management to accelerate store openings, pursue menu enhancements, and invest in digital innovation to drive growth.

Carlyle Acquires SNP Schneider‑Neureither & Partner SE

April 10, 2025

Software

Global investment firm Carlyle completed its voluntary public cash takeover of SNP Schneider‑Neureither & Partner SE, taking the Heidelberg‑based software and consulting provider private. Carlyle will partner with SNP management to drive international expansion, optimize the Kyano product strategy and pursue inorganic growth opportunities, with equity provided by Carlyle Europe Partners V.

Nobl Q Acquires PCB Apps

January 21, 2025

IT Services

Nobl Q, an AI-first digital solutions company headquartered in Dallas, has acquired PCB Apps, a specialist in ERP/EPM implementations, upgrades, support, and managed services. The deal strengthens Nobl Q's implementation, support and managed-services capabilities across hybrid cloud, ERP and analytics platforms and integrates the PCB Apps leadership team into Nobl Q.

SWCC and Development Bank of Japan Acquire TOTOKU Inc. from Carlyle

February 21, 2025

Manufacturing

Global investment firm Carlyle has agreed to sell TOTOKU Inc., a Japanese manufacturer of specialty wires and electronic devices, to SWCC Corporation and the Development Bank of Japan. The transaction (a Carlyle divestiture) is subject to customary approvals and was announced February 21, 2025 with closing expected by the end of March 2025.

Kuraray Co., Ltd. Acquires Nelumbo Inc.

April 2, 2025

Manufacturing

Kuraray Co., Ltd. has acquired Nelumbo Inc., a Hayward, California-based developer of surface modification technologies, to add a new technology platform and accelerate global expansion. The deal—executed through Kuraray's U.S. subsidiary Kuraray Holdings U.S.A., Inc.—was announced April 2, 2025; the purchase price was not disclosed and Houlihan Lokey served as Nelumbo's exclusive financial advisor.

Carlyle (Global Credit) Provides NOK 2,750m Strategic Capital to Jordanes ASA

January 6, 2025

Food & Beverage

The Carlyle Group's Global Credit platform has provided a NOK 2,750 million (approximately $250 million) strategic capital package to Jordanes ASA to finance a management buyout led by co‑founders Jan Bodd and Stig Sunde, refinance existing indebtedness, and fund future growth. The financing, led by Carlyle Credit Opportunities, strengthens the co‑founders' ownership and provides growth capital to support Jordanes' continued expansion across its portfolio of Nordic consumer brands and casual dining businesses.