— Enhancing corporate value through hands-on PMI and　 　　　　　returning Long Life Holding to its founding family —

Nihon PMI Partners Co., Ltd. (headquartered in Shinjuku-ku, Tokyo; President & CEO: Satoshi Hamada; hereinafter “NPMI”) announces that the Regional Healthcare Revitalization Fund Investment Limited Partnership (hereinafter the “NPMI Fund”), which NPMI operates as general partner, has transferred all of its shares in Long Life Holding Co., Ltd. (hereinafter the “Long Life Group”) to a special purpose company established by the founding family of Long Life Holding. This is the first exit for the NPMI Fund, which was formed in 2021.

The transaction took the listed company private and enhanced corporate value in close partnership with management and employees, ultimately taking the form of a founding-family MBO (management buyout) and business-succession exit.

Background

Founded in 1986, the Long Life Group has spent 40 years developing its home-based care business—including home-visit care, care management, adult day care, home-visit bathing, and small-scale multifunctional in-home care—as well as premium private senior residences and other businesses, primarily in the Kansai and Greater Tokyo areas. The company was the first dedicated nursing-care provider in Japan to go public (it was formerly listed on the TSE Standard Market under securities code 4355), and it has built a strong brand through high-quality care based on its proprietary service concept, GFC (Good Feeling Coordinate), providing sustainable medical and nursing-care infrastructure to local communities. NPMI participated as the sponsor of the company’s tender offer in August 2023.

Initiatives during the holding period — hands-on PMI

During the holding period, on-site resident members seconded from NPMI provided management support by working alongside management and employees. Specifically, NPMI enhanced corporate value through support that included concentrating management resources on the core home-based nursing-care and affluent-focused fee-based nursing-home businesses; strengthening customer acquisition, recruitment, and administrative systems; obtaining nursing-care fee add-ons and strengthening operational capabilities; promoting the use of AI and digitalization (including in-house system development); and improving the company’s financial structure.

Looking ahead

We believe that under the founding family, who know the company’s history and community best, the Long Life Group will continue to build on the high-quality services it has cultivated, supported by the capabilities of its management team and all of its employees. With demand for home-based nursing care and related services expected to keep growing amid Japan’s aging population, we are confident that the company will continue to operate steadily as a key provider of regional medical and nursing-care infrastructure.

We are deeply grateful to the management team and employees for their cooperation during our holding period, which made the company's development and growth to date possible, and we would like to express our sincere gratitude once again. We look forward to the company's continued success.

About the companies

[Portfolio company] Long Life Holding Co., Ltd.
Location: Osaka Prefecture
Business: healthcare and nursing-care services, including home-based and residential (home) nursing care / Formerly listed on the TSE Standard Market (securities code 4355; taken private in 2023)

[Fund manager] Nihon PMI Partners Co., Ltd.
Founded: November 2020
Representative: Satoshi Hamada, President & CEO
Location: NOVEL WORK Shinjuku Gyoen 2F, 4-30 Yotsuya, Shinjuku-ku, Tokyo
Business: management of healthcare-focused private equity funds
Mission: “To create transformation in healthcare through the power of investment and realize a world where no one is left without access to care.”

Media contact

Nihon PMI Partners Co., Ltd.,
Public Relations   Sana Kurimata
E-mail：kurimata@nihonpmipartners.co.jp
TEL：+813-6684-8033

Note: This release is for informational purposes only and does not constitute an offer or solicitation to invest in any specific product or fund.