SHIFT Inc. (TSE:3697) agreed to acquire Clubnets Corporation from TommyG LLC and Hitoshi Tomiyasu for ¥5.8 billion on December 5, 2023. As of June, 2023, Clubnets Corporation reported net assets of ¥1.6 billion, total assets of ¥2.4 billion, sales of ¥1.3 billion, operating income of ¥480 million and net income of ¥330 million. The deal is expected to be completed on February 1, 2024.
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- SHIFT Inc. agreed to acquire Clubnets Corporation from TommyG LLC and Hitoshi Tomiyasu for ¥5.8 billion.