KKR-backed SmartHR explores Tokyo IPO

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KKR-backed SmartHR explores Tokyo IPO

privateequitywire

4 months ago

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Japanese HR platform SmartHR Inc, which counts KKR, General Atlantic, and Sequoia Capital among its investors, is reportedly considering a Tokyo IPO later this year, targeting a valuation of roughly $1bn (JPY160bn), according to a report by Bloomberg.
The SaaS company is reportedly working with banks including Daiwa Securities, Goldman Sachs, and Morgan Stanley, though timing and final valuation remain subject to market conditions.
SmartHR, one of Japan’s few unicorns, was valued at JPY170bn in...

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