AVCJ Recognizes Jinjer Acquisition
Asian Venture Capital Journal (AVCJ) has awarded the acquisition of Jinjer by Japan’s J-Star and Australia’s Potentia Capital as its 2024 Deal of the Year – Mid Cap. Jinjer is a prominent player in Japan’s HR SaaS market. The deal, which closed in September 2024, benefited from rising cloud-based system adoption and featured significant co-investments from both parties’ limited partners. Morrison Foerster (MoFo) advised Tybourne Capital Management in this transaction, led by Tokyo partner Nozomi Oda. Additionally, MoFo was shortlisted for the Deal of the Year – Large Cap for advising Ascendent Capital Partners on its $1.66 billion acquisition of Hollysys.