11 October, 2012
Skadden represented Japan-based Seven Bank in its first acquisition outside Japan — a stock purchase agreement with FCTI Holdings, LLC whereby Seven Bank acquired Financial Consulting & Trading International, Inc., a California-based ATM operator. FCTI Holdings principally is held by Marlin Equity Partners, LLC, a California-based private investment firm with more than $1 billion of capital under management. The transaction, which closed on 5 October, marks an important first step in Seven Bank’s full-scale entry into overseas ATM service markets.
Skadden Tokyo corporate partners Mitsuhiro Kamiya and Michael Mies led the transaction.
For further information, please contact: