Japonica offered to inject capital to become the largest and controlling
Global Special Situation Description: An extraordinarily
diversified underperforming global special situation, suffering
from a loss of passion for innovation and performance, with operations
in food, consumer products, chemicals, construction products, commodities,
in almost all stages of the beginning to end-consumer supplier chain.
Reach: This underperforming global special situation had
major sales and manufacturing operations throughout the world having
grown aggressively through regional acquisitions of leading brands
across a wide spectrum of industries, with over one-third of its
sales and over one-half of its profit outside home US markets. Approximately
Aligned” Relationships: Japonica’s restructuring
offer included building “perfectly aligned” relationships
with its partners and other key relationships, as well as absorbing
all restructuring offer expenses, despite offers by co-investors
to share in expenses.
Creating Value: Japonica offered, with the support of leading
shareholders, to inject capital into this underperforming global special situation creating value through
a comprehensive restructuring and new leadership.
Value: Japonica assembled a team of approximately 40 entrepreneurs
and niche specialists who worked for almost 8 months discovering
value gaps based on hidden nuggets of value and transformational
Creating Value: Japonica Partners created value primarily
in the global capital markets sector with investment judgments,
intelligence, networking, and communications.