Carlyle to buy Japan’s WingArc1st

The private equity firm is looking to help the Japanese software company expand in cloud computing.

Carlyle to buy Japan’s WingArc1st

The Carlyle Group said on Monday it had agreed to acquire a 100% stake in Japanese software firm WingArc1st from management and a unit of Orix.

The sellers are its president and CEO Hiroyuki Uchino and OPI2002 Investment Fund, a subsidiary of Orix. Financial details were not disclosed. 

Carlyle see the acquisition closing in April and equity for the transaction will come from Carlyle Japan Partners III, an...

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