AcquisitionSep 9, 2026, 10:10 UTC

MBK to buy Japan's Sharing Technology for ¥37B in bolt-on deal

What's the deal? MBK Partners, Northeast Asia's largest private equity firm, is acquiring Sharing Technology, a Tokyo-listed platform that matches consumers with everyday household services. The purchase runs through HITOWA Holdings, an MBK portfolio company focused on senior and elder care, which plans to buy all shares via a tender offer.

The terms: The deal values Sharing Technology at about ¥37 billion (roughly 340 billion won) based on equity value. Sharing Technology will be delisted once the deal closes.

What's the endgame? Sharing Technology connects consumers with specialists for tasks such as lock replacement, plumbing repairs, and pest control. MBK plans to combine that online and offline matching platform with HITOWA's housekeeping, nursing care, and senior life care operations to lift the company's value.

Why now? MBK has been accelerating dealmaking across South Korea and Japan, its two core markets. In June, it bought Altemira Holdings, a Japanese aluminium can and materials maker, for more than 1 trillion won.

At home, MBK recently acquired Skin Idea and Life & Bio for about 300 billion won through its special situations fund, then took a stake in vegan beauty brand AXIS-Y.

The signal: The Sharing Technology purchase marks a shift toward smaller bolt-on deals that strengthen existing holdings, rather than headline acquisitions. "MBK is pursuing everything from large manufacturing deals like Altemira Holdings in Japan to bolt-on investments that raise the value of its existing portfolio," an investment banking source said (translated from Korean). "It is driving hard into companies with solid fundamentals in both Korea and Japan."