Yumex Inc.(Current company name: TSUNAGU MATCHING SUCCESS Inc.)
- Location: Chiyoda-ku, Tokyo
- Industry: Business Services
- Business: Job advertisements through newspaper inserts, etc., provide recruitment agency services
- URL: https://matching-success.tsunagu-grp.jp/
Investment Overview
Investment timing: 2018/8
Exit timing: 2019/6
Deal type: Carve-Out
Fund: AG II
Status: Exit
Investment Background / Post-Investment Activities
Investment Background
Yumex is a recruitment solutions company that produces/publishes job advertisement flyers to be inserted in newspapers and local magazines and provides Recruitment Process Outsourcing (RPO) services. In response to the business carve-out needs of its parent company, Recruit, Aspirant Group invested in the company to support its independence from the former parent company and to strengthen its RPO business.
Post-Investment Activities
Development of Infrastructure
- Development of an accounting management system
- Design/management of meeting structure
Rationalization
- Reallocation of Management Resources (Integration of sites)
- Improvement in Productivity – Cost reductions (Promotion of in-house production)
Support for Growth
- Sales Support/Sales Channel Expansion, etc. (Strengthening of sales of media other than newspaper inserts)
- Sales Support/Sales Channel Expansion, etc. (Strengthening of new business (RPO business))
Exit
In 2019, Yumex became a wholly owned subsidiary of Tsunagu Group Holdings, an RPO business with synergies, as they evaluated Yumex’s customer base/user base and matched their need to expand its operations to become a “platform company in the recruitment market.”