BDA Advises Sansei Technologies on Acquisition of FORREC

New York, NY, December 07, 2023 –BDA Partners is happy to announce that its consumer, Sansei Technologies (“Sansei”), has agreed to accumulate 70% of Laird Holdings, the holding firm of FORREC, a worldwide chief in expertise design.

FORREC is headquartered in Toronto, Canada. FORREC is one of the world’s main leisure design corporations, and has created some of the world’s most profitable leisure and leisure locations. FORREC’s in depth expertise in technique, planning, and design, permits it to create compelling visitor experiences rooted in creativeness and immersive storytelling, for location-based leisure. FORREC has expertise working with manufacturers everywhere in the world, and has constructed tasks in over 60 nations.

Cale Heit, FORREC CEO, stated: “Sansei and FORREC’s shared focus on our staff, relationships and business companions has been key to our success. As companions, our shared priorities are a dedication to collaborate and create new alternatives and experiences for our shoppers, their friends, and our expertise. FORREC has earned the belief of our shoppers, and now they wish to us to do extra. This presents a tremendous alternative to develop and create some of the world’s most profitable leisure and expertise locations.”

Noboru Rachi, President & CEO of Sansei, stated: “FORREC’s folks and their excellent storytelling and design functionality, and our experience in amusement rides, complement one another. This permits us to supply extra options for our shoppers’ evolving wants, and to create unforgettable visitor experiences.”

Jeff Acton, Partner and Co-Head of BDA Tokyo, stated: “BDA is proud to have suggested Sansei on this essential strategic acquisition, to develop and supply a broader vary of options to theme parks and leisure locations. This is our third transaction with Sansei, having beforehand suggested Sansei on the acquisition of Vekoma Rides, and on the sale of S&S Worldwide to Sansei. We’re assured that FORREC’s enterprise will thrive as half of Sansei. This demonstrates BDA’s capability to ship strategic cross-border transactions for Japanese shoppers.”

BDA was unique monetary advisor, and Simmon & Simmons and McMillan have been the authorized advisors, to Sansei on the transaction.