On October 1, 2018, MM Group Holdings Co., Ltd. (“MM Group”) concluded an acquisition of SushiStop, including six sushi stores in the Los Angeles area. Takenaka Partners acted as the financial advisor to MM Group and assisted MM Group in the financial and business due diligence, valuation analysis, and deal negotiations.
About MM Group
The mother company was founded in 1995 and MM Group Holdings was established in Yokohama in 2017. MM Group has more than ten group companies and is engaged in communication services (DoCoMo shop agency business), IT services, advertisement agency business, food services, accessories and miscellaneous goods sales, cosmetics and health care goods sales, etc. The food services business unit offers sushi, kamameshi (rice, meat and vegetables cooked together in a small iron pot “kama“) and box lunches by focusing on foodstuffs and always in pursuit of “taste” and “affordability” which are universally required all the time.
About SushiStop
SushiStop, founded by Mr. Shuji Kimura, has six stores in the Los Angeles area. Mr Kimura was born and raised in Okayama, Japan. As the son of a fisherman, he became an expert in the intricacies of fish. Mr. Kimura acquired expertise on fish and came to the United States after practicing full-fledged Edo-sushi at Fujita Hotel in Kyoto. At SushiStop, everything is served on small plates at a fixed price of $3.25. SushiStop does this to encourage its customers to be adventurous with the diverse menu, daring them to try different things they’ve never had and take risks on new creations. With this unique concept, SushiStop is a popular sushi restaurant in the Los Angeles area.