Carlyle to buy Japan HR services company Kaonavi for $325m

TOKYO -- Carlyle Group aims to buy all of Japanese human resources systems provider Kaonavi, the U.S. private equity firm said on Thursday, in a deal worth about 50 billion yen ($325 million).

Carlyle announced a tender offer of 4,380 yen per share of Kaonavi's common stock, a roughly 120% premium to Thursday's closing price. Kaonavi is listed on the Tokyo Stock Exchange's Growth Market.