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THE LONGREACH GROUP
LCP1
PORTFOLIO COMPANIES
Cybird Holdings
Entie Commercial Bank
Asia Aluminum Group
REALIZED INVESTMENTS
SANYO Electric Logistics
OCC Corporation
McDonald's Japan
LCP2
PORTFOLIO COMPANIES
Nippon Outsourcing Corporation
Wendy's Japan K.K. / First Kitchen Co. Ltd.
Primo Japan Inc.
Sol-Plus and Yasuda Seisakusho Inc.
Hitachi Via Mechanics, Ltd.
INVESTMENTS PORTFOLIO + REALIZED WENDY'S JAPAN K.K. / FIRST KITCHEN CO. LTD.
On June 30, 2016, the LCP2 Funds purchased 100% of First Kitchen Co. Ltd., via a third-party allotment of the majority of shares in the acquisition vehicle Wendy’s Japan to the LCP2 funds. The transaction also involved Wendy’s Japan entering into a new franchise agreement with The Wendy’s Company providing for exclusivity in Japan and long term development of Wendy’s First Kitchen.

First Kitchen operates and franchises a fast food restaurant chain in Japan providing hamburger, pasta, French fries, salad and dessert and operates 136 restaurants in premium locations across Japan. In 2015, First Kitchen opened Wendy’s First Kitchen, a joint menu restaurant operated in collaboration with Wendy’s, creating a premium quick service restaurant offering that combines the best of First Kitchen and Wendy’s. This successful concept provides the model for conversion of First Kitchen restaurants to Wendy’s First Kitchen restaurants in collaboration with Wendy’s.

First Kitchen was a subsidiary of Suntory Holdings Limited. Longreach’s control investment (realized via this corporate divestment and the accompanying franchise agreement) reflects a Longreach core investment focus on acquiring and adding value to high quality consumer businesses and building our expertise in the food and beverage sector. It also well reflects Longreach’s well positioned corporate divestment and cross-border capabilities.
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