March 14, 2011

1st Holding To Acquire PE-Backed Security Software Maker

1st Holding, Inc., a newly-listed business software developer, announced that 1st Holding acquired 100% interest in VarioSecure Networks Inc., a PE-backed internet security service firm, from Ant Capital Partners, a Tokyo-based private equity firm. The price is reported as 6.7 billion yen. VarioSecure went private via MBO with Ant Capital in 2009. 1st Holding was also invested in by Advantage Partners, a Tokyo-based mega buyout firm, in 2004 and 1st Holding went public in 2010.

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