Bellsystem24, ¥51 billion Initial Public Offering, Japan
2015
STJ Advisors acted as the independent advisor to Bain Capital on the domestic IPO of Bellsystem24 Holdings Inc, Japan’s leading provider of marketing and customer service solutions, on the Tokyo Stock Exchange. The IPO priced at ¥1,555 per share, giving the Company a market capitalisation of ¥114bn, and raised the proceeds of ¥51bn / $410m, making it the largest domestic Japanese offering of 2015.