Power Solutions Inc. has announced the acquisition of With-Tech Co., Ltd., a specialized system development firm, to strengthen its offerings for financial institutions.

Target Information

Power Solutions Inc. (Ticker: 4450) is poised to enhance its capabilities in system development for financial institutions through its acquisition of With-Tech Co., Ltd., a company specialized in system construction, maintenance, and operations. Based in Meguro, Tokyo, With-Tech has established a solid reputation in the industry, achieving a revenue of 432 million yen and an operating profit of 10 million yen, along with a net asset value of 139 million yen projected for the fiscal year ending February 2025.

This acquisition aims to not only integrate With-Tech’s existing operational expertise but also to leverage its technical acumen for the advancement of services offered by Power Solutions, ultimately driving the group’s overall business growth.

Industry Overview

Japan's system development industry, particularly for financial institutions, has seen significant transformation in recent years, driven by rapid technological advancements and an increasing demand for digital s

View Source

Similar Deals

Kokuyo Kokuyo Tokai Hanbai

2027

Buyout Office Equipment (NEC) Japan
レカム カワハラ事務機

2026

Buyout Office Equipment (NEC) Japan
イントラスト キャロルシステム

2026

Buyout Financial Technology (Fintech) (NEC) Japan
Arent レッツ

2026

Buyout Enterprise Software Japan
エス・エム・エス・データテック アルガ

2025

Buyout IT Services & Consulting (NEC) Japan
Blackstone TechnoPro

2025

Buyout IT Services & Consulting (NEC) Japan

パワーソリューションズ

invested in

ウィズ・テック

in 2025

in a Buyout deal

Disclosed details

Transaction Size: $0M

Revenue: $0M

EBIT: $0M

Enterprise Value: $0M

Equity Value: $0M


Multiples

EV/EBIT: 4.0x

EV/Revenue: 1.0x

P/Revenue: 0.3x

Deal Parameters
Industry
Country
Seller type

Sign Up to Dealert