NYC Inc. (Headquarters: Chuo-ku, Tokyo; President and CEO: Nobuhito Nakatsuka; hereinafter "NYC") announces that it has acquired all shares of Act Inc. (Headquarters: Higashimurayama-shi, Tokyo; Representative Director: Kenji Takao; hereinafter "Act"), a company engaged in the sale and processing of iron and metal materials such as stainless steel and aluminum, executing a new investment. To date, NYC has invested in a total of 30 companies, including SME investments and venture investments.

Act is a metal wholesale company whose core business is the sale of metal materials such as stainless steel, aluminum, and steel, as well as fastening components such as screws and bolts.

By building efficient operations and utilizing an outsourced processing network, Act has achieved small-lot, high-value-added processing capabilities and established a stable business foundation. However, recognizing the need to build a next-generation management structure for further development and business continuity, Act has decided to pursue business succession through NYC.

NYC is an investment company that targets excellent SMEs with superior technologies and business models. Because NYC invests its own capital rather than operating as a fund, it is not bound by the intentions of outside investors or return distributions, allowing it to provide highly flexible support. The firm proposes support plans that reflect the intentions of its portfolio companies, aiming for a better form of business succession.

Going forward, NYC will provide various forms of management support, including strengthening the management structure, to further enhance Act's corporate value.

[Portfolio Introduction (Partial)] https://nycinc.jp/contents/category/group

[Act Inc. Overview] Company Name: Act Inc. Representative: Kenji Takao Location: 2-23-18 Misumicho, Higashimurayama-shi, Tokyo Business Activities: - Sale of stainless steel, aluminum, and other metal materials - Screws, bolts, related parts, and fastening components - Sale of processed goods, interior/exterior panel processing, and handrail processing Established: April 2001 Corporate Website: https://www.act-metal.com/

[NYC Overview] Company Name: NYC Inc. Representatives: Nobuhito Nakatsuka, Yuki Onoe Location: 1-6-11 Shinkawa, Chuo-ku, Tokyo Business Activities: SME investment business, venture investment business Corporate Website: https://nycinc.jp/ YouTube: Behind the scenes of NYC / NYC Inc.

Inquiries regarding this matter NYC Inc. Public Relations E-mail: admin@nycinc.jp

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  • Source: PR TIMES
  • Category: Funding