Blackstone, which has $1.2 trillion in assets under management, expects to commence the tender offer on 7 August.

TechnoPro is a Japanese IT services provider, delivering solutions in IT development and product R&D across hardware and software primarily to Japan’s large corporations. It has more than 28,000 engineers and researchers and 2,500 clients in industries such as automotive, IT services, and semiconductors.

“This is a compelling opportunity that aligns with our strategy of investing in Japan’s future. We are investing in a high-quality IT services provider, which is bolstered by secular tailwinds in the digitisation of the economy and artificial intelligence,” Atsuhiko Sakamoto, head of private equity Japan at Blackstone, said. “TechnoPro attracts some of the best talent in the industry and provides mission-critical services that empower Japan’s blue-chip companies. We are excited to bring the full breadth of Blackstone’s scale, resources, and expertise in IT services and AI to help accelerate the company’s growth and its continued success.”

“Over the past 30 years, TechnoPro has achieved steady growth by leveraging its strengths in sales capabilities, technical expertise, recruitment power, and talent development,” Takeshi Yagi, president, representative director and CEO at TechnoPro, said. “By collaborating with Blackstone – which boasts a strong track record in AI and digitalisation and deep insights into global technology trends – we are confident that TechnoPro is poised to reach even greater heights of success.”

This is Blackstone’s seventh private equity investment in Japan, representing momentum for the firm and its commitment to the country. This will be the third deal this year for Blackstone Japan’s private equity business following the closing of I’rom Group Co and CIMIC Co, and its third deal in Japan’s technology sector following the 2024 closings of Sony Payment Services and Infocom Corporation.

Blackstone said it has made substantial investments in the Asia Pacific region over the last 20 years and been a builder of businesses. Since 2024, it has executed 24 private equity investments and sales across the region, driving transformation for the companies it invests in and working to deliver value for investors.