Investment Overview

Investment timing: 2020/9
Deal type: Business Succession
Fund: AG III Series Funds
Status: Active

Investment Background / Post-Investment Activities

Investment Background

Dipsol is a manufacturer and distributor of industrial chemicals, primarily metal surface treatment chemicals for the automotive industry, and is the No. 1 company in this field in Japan. Aspirant Group invested in the company in response to the owner’s business succession needs with the theme of pursuing further growth.

Post-Investment Activities

Development of Infrastructure

  • Development of an accounting management system
  • Design/management of meeting structure
  • Development of Corporate Infrastructure (Reinforcing cooperation with overseas subsidiaries, and building a global management structure)


  • Improvement in Productivity – Reduction of order loss/Cost reductions (Redesign of global manufacturing bases/structure for each major product to reduce costs and shorten delivery times.)
  • Pricing Strategy (Implementation of appropriate pricing)​

Support for Growth

  • Sales Support/Sales Channel Expansion, etc. (Sales expansion in China/North America)
  • Sales Support/Sales Channel Expansion, etc. (Establishment of a domestic (new Hiroshima Office) and international (alliance with an Indian sales agent) sales platform)
  • R&D/Capital Investment (Strengthening of product development functions for overseas markets and development of  products catering for each region)