Simpson Thacher represented J-STAR Co., Ltd. (“J-STAR”) in connection with the acquisition of jinjer, one of Japan’s leading HR SaaS companies, by a series of J-STAR-served funds that co-invested alongside Potentia Capital and the J-STAR No.5 Series Funds. The fundraise for the co-investment closed on August 23, 2024 and the transaction closed on September 18, 2024.
The Simpson Thacher team included Dave Azcue, Adam Furber, Xue Zhang, Nick Qiu, Mai Kristofferson, Sonam Shah and Li Jiang (Asia—Private Funds); Steven Homan (New York—Private Funds); Nancy Mehlman, Caroline W. Phillips and Matthew Lester (Tax); Makiko Harunari (Credit); Owen Lysak (London—Private Funds); Jeanne Annarumma (ERISA); and Jonathan Stradling (Tokyo—M&A).