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Consumer & Retail

Critical guidance on your journey

M&A has always been a big part of a consumer and retail company’s growth strategy. However, as competition gets tighter and demand for more purpose-driven brands increases, companies come to us not just for scale, but also to reshape their portfolios for a more customer-focused strategy. Whether you’re selling or buying a business, our deep expertise in M&A, growth equity and ECM, debt advisory and corporate finance services as well as our established relationships in everything from e-commerce to innovative logistics will guide you toward success in closing the best deals.

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MT Industrial has been acquired by Rinnai Corporation
Consumer & Retail | Other Industries

MT Industrial has been acquired by Rinnai Corporation

MT Industrial S.A.C., known as Grupo Sole, has been acquired by Rinnai Corporation, a global Japanese company in the household appliances sector, as part of its strategic expansion in Latin America.

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Piper PE and Cool Japan Fund have backed a management buy-out of Inside Travel Group
Private Equity | Consumer & Retail

Piper PE and Cool Japan Fund have backed a management buy-out of Inside Travel Group

Inside Travel Group (ITG) has been sold to Piper PE and Cool Japan Fund. This acquisition aligns with ITG’s goal of becoming the leading specialist in tailor-made and group tours across Asia. Piper PE and Cool Japan Fund will continue to support ITG’s founders and management team, driving the business’ growth in Japan and other Asian destinations.

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JLab has been acquired by Noritsu Koki Co., Ltd.
Private Equity | Consumer & Retail

JLab has been acquired by Noritsu Koki Co., Ltd.

Catalyst Holdings has sold JLab Audio (JLab), a leading personal audio brand, to Japan-based Noritsu Koki Co., Ltd. (TSE:7744) (NKC).

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“Thank you Oaklins Cavendish for all your M&A and debt advisory expertise in helping us make this investment. Your travel sector expertise and insight were invaluable, and on the debt advisory side, we are delighted with the advice and execution you gave us — we have secured the debt package and relationship that we wanted, and it was all executed within the tight timescales laid down. We look forward to working with you further as we execute our growth plan with Inside Travel Group.”

Dan Stern

Partner, Piper PE

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New chapters, global ambitions: mid-market M&A in Q4

QUARTERLY M&A ACTIVITY: In Q4 2025, Oaklins' clients completed 93 transactions across sectors and regions, highlighting how business leaders are using M&A to drive growth, succession and strategic change.

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Toshiki Iino

Managing Director
Tokyo, Japan
Oaklins Maxus Corporate Advisory