Bain leads $80m buyout of Japan Wind Development

Bain Capital said on Monday that it will launch a take-private transaction for publicly-traded Japan Wind Development JWD, in partnership with management.

Upon completion of this transaction, Bain Capital and Masayuki Tsukawaki, CEO of JWD, will own the shares of JWD and Tsukawaki will continue in his role as CEO.

The transaction will take place in accordance with the takeover-bid process, starting March 24 and is expected to complete after 30 working days on May 8. The final purchase price is expected to be up to about 9.7 billion yen $80 million.

Established in July 1999 to develop wind...