ORIX Corporation
Notice Regarding Transfer of Interest in IX PUSG Holdings, LLC (U.S. PE Investment: Peak Utility) (Change in Subsidiary)
ORIX Corporation has signed a contract to transfer all interests in its consolidated subsidiary IX PUSG Holdings, LLC to a Greenbelt-structured SPC on March 10, 2026, with execution scheduled for April.
Key Figures
- Net Sales: USD351.3million (Fiscal year ending December 2024)
- Net Income Attributable to Owners of Parent: USD-48.0million (Fiscal year ending December 2024)
- Capital Stock: USD 312.7million (As of end of December 2025, unaudited)
AI要約
Outline of Interest Transfer
ORIX Corporation has decided to transfer all interests in its consolidated subsidiary IX PUSG Holdings, LLC to a special purpose company (SPC) established by Greenbelt Capital Partners. IX PUSG Holdings, LLC was established in 2018 and holds interests in Peak Utility Services Group, Inc., which provides repair and maintenance services in the U.S. energy and infrastructure sector. The transfer is scheduled to be executed in April 2026, with consideration undisclosed.
Future Outlook and Impact
The interest transfer is subject to regulatory approval under the Hart-Scott-Rodino Antitrust Improvements Act and will be executed following such approval. The impact on consolidated financial results for the fiscal years ending March 2026 and March 2027 is expected to be minor. The SPC receiving the transfer is wholly owned by a fund operated by Greenbelt, and there are no capital, personnel, or business relationships with ORIX.
