Latest news with #ADK
3 days ago
- Business
S. Korea's Krafton to Acquire Japanese Ad Company ADK
News from Japan Economy Technology Jun 26, 2025 19:15 (JST) Tokyo, June 26 (Jiji Press)--South Korean game developer Krafton Inc. has announced a decision to acquire major Japanese advertising company ADK Holdings Inc. Krafton will buy all shares in ADK, now held by an affiliate of U.S. investment fund Bain Capital, for some 75 billion yen. ADK, the third-largest ad company in Japan, after Dentsu Group Inc. and Hakuhodo DY Holdings Inc., is also involved in production of popular animation series including "Doraemon" and "Crayon Shin-chan." ADK has been working on structural reform since its predecessor, Asatsu-DK Inc., went private in 2018 by coming under the wing of Bain Capital. The buyout will "leverage the strengths and expertise" of ADK and Krafton, leading to "creative challenges and growth in the Japanese market and the global content market," ADK President and Group CEO Toshiya Oyama said. [Copyright The Jiji Press, Ltd.] Jiji Press
Los Angeles Times
4 days ago
- Business
- Los Angeles Times
Adams, Duerk & Kamenstein LLP Deepens Litigation Bench with Dual Partner Hire
Los Angeles-based Adams, Duerk & Kamenstein LLP (ADK) has announced the arrival of two new partners, Anthony Pacheco and M. Anthony (Tony) Brown, both former federal prosecutors. The move adds significant firepower to ADK's civil litigation, criminal defense, and internal and government investigations practices. ADK Partner Christine Adams commented, 'We are so honored to have Anthony and Tony join us. The firm now houses five federal prosecutors and veteran trial lawyers under one roof – a combination that will enable us to provide powerful advocacy to clients caught in the crosshairs of high-stakes litigation and investigations. Anthony's extensive public corruption experience and Tony's winning record as an appellate advocate will also deliver major value for clients across the life cycle of litigation.' A stalwart advocate and trusted advisor to clients across a range of industries, Pacheco handles complex civil litigation, parallel proceedings, internal and government investigations, and criminal prosecutions. At home in civil and criminal venues alike, he has litigated cases relating to federal and state healthcare fraud, securities and financial institution fraud, whistleblower claims, corporate espionage, False Claims Act, cybersecurity, theft of trade secrets, insider trading, shadow trading, breach of contract, consumer fraud, and mail and wire fraud. He has also handled more than 100 internal investigations for publicly traded and middle-market companies and managed an assortment of sensitive public relations issues. Brown handles a range of complex civil and criminal matters. Fluent in the intricacies of both trial and appellate practice, he has successfully tried cases in state and federal court, as well as before the Ninth Circuit, the California Supreme Court, and the California Courts of Appeal. He regularly represents corporations, boards of directors, management and individuals in white collar criminal prosecutions, government investigations, enforcement actions, administrative proceedings and internal investigations arising from whistleblower complaints, with a particular emphasis on work for hospital systems. In this capacity, he has investigated and defended clients against allegations by federal and state agencies of financial mismanagement; violations of the False Claims Act, the Anti-Kickback Statute and the Stark Law; and the unlicensed practice of medicine occurring at ambulatory surgical centers. 'The opportunity to join forces with such talented lawyers and great people at a rising star firm is a special one,' Pacheco said. 'This is an exceptionally strong, energetic team with an ambitious vision for the future.' Brown added, 'As longtime friends and law partners, Anthony and I thrive on collaboration. ADK's collegial culture and commitment to top-tier client service make this firm the ideal environment for us. We look forward to practicing alongside professionals who share our values of honesty, integrity and professionalism.' Partner Adam Kamenstein said, 'Our team is incredibly fortunate to welcome these two outstanding litigators. Adding lawyers of their caliber to our already stellar roster further expands ADK's capacity to provide clients with world-class representation across a range of matters.' Information was sourced from Adams, Duerk & Kamenstein LLP. To learn more, contact
Time of India
4 days ago
- Business
- Time of India
South Korean game company Krafton to acquire Japan's ADK for $516 million
HighlightsSouth Korean game company Krafton Inc has agreed to acquire Japan's advertising and animation group ADK Holdings for 75 billion yen, equivalent to approximately $516.21 million. ADK Holdings, one of Japan's leading comprehensive advertising groups, has contributed to the production of over 300 animation projects, including popular titles such as Doraemon, Yu-Gi-Oh!, and Crayon Shin-chan. Krafton plans to leverage ADK's animation planning and production expertise alongside its own global game development capabilities to create innovative new content while preserving the unique identities of both companies. South Korean game company Krafton Inc said on Tuesday it had agreed to buy Japan's advertising and animation group ADK for 75 billion yen ($516.21 million). Krafton, the developer and publisher of the blockbuster game "PUBG: Battlegrounds", said in a statement it would acquire ADK Holdings ' parent company from Bain Capital Japan . ADK, one of Japan's top three comprehensive advertising groups, has participated in the production of more than 300 animations, Krafton said. It has participated in animation production for IPs including Doraemon, Yu-Gi-Oh! and Crayon Shin-chan, according to the website of an ADK affiliate. "By combining ADK's animation planning and production capabilities with Krafton's global game development and service experience, we plan to jointly create new added values that have not been tried before while maintaining the identity of both companies," Krafton said.
Reuters
4 days ago
- Business
- Reuters
South Korean game company Krafton to acquire Japan's ADK for $516 mln
SEOUL, June 24 (Reuters) - South Korean game company Krafton Inc ( opens new tab said on Tuesday it had agreed to buy Japan's advertising and animation group ADK for 75 billion yen ($516.21 million). Krafton, the developer and publisher of the blockbuster game "PUBG: Battlegrounds", said in a statement it would acquire ADK Holdings' parent company from Bain Capital Japan. ADK, one of Japan's top three comprehensive advertising groups, has participated in the production of more than 300 animations, Krafton said. It has participated in animation production for IPs including Doraemon, Yu-Gi-Oh! and Crayon Shin-chan, according to the website of an ADK affiliate. "By combining ADK's animation planning and production capabilities with Krafton's global game development and service experience, we plan to jointly create new added values that have not been tried before while maintaining the identity of both companies," Krafton said. ($1 = 145.2900 yen)
Korea Herald
5 days ago
- Business
- Korea Herald
Krafton to acquire Japan's ADK Group for W710b
Korean game developer eyes intellectual property expansion amid growing content market Krafton has decided to invest about 710.3 billion won ($521.3 million) to acquire Japan's ADK Group as the Korean game developer looks to expand its presence in the global content industry. According to Krafton, its board of directors on Tuesday approved the takeover of BCJ-31 -- a holding company under Bain Capital Japan and the parent company of ADK Holdings -- which owns major affiliates of ADK Group such as ADK Market Solutions, ADK Creative One and AKD Emotions. Considered one of the three most influential advertising agencies in Japan, ADK Group has taken part in producing over 300 animation products. ADK Group's annual transaction volume reached $2.4 billion as of last year, according to Krafton. The takeover of the Japanese company came as the Korean game developer has been searching for chances to expand its game-centered intellectual properties. 'Based on a deep understanding of the Japanese content industry, ADK is a partner with great expertise and capabilities that covers animation planning and production, advertising and marketing, and media operation,' said Kim Chang-han, CEO of Krafton. 'Through cooperation with ADK, Krafton will continue to explore various common grounds between game and animation and combine each company's strengths to try to create new opportunities in the global content industry together.'
