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- Fuji Xerox
Fuji Xerox Valuation, Funding & Investors
Fuji Xerox is valued at $9.2B as of November 2019.
Last Fuji Xerox valuation
$9.2B
Secondary · Nov 2019
Key investors in Fuji Xerox
About Fuji Xerox
Fuji Xerox Co., Ltd. was a prominent Japanese joint venture established in February 1962 between Fujifilm Holdings Corporation (then Fuji Photo Film) and the American document management company Xerox. Operating for 59 years, the company specialized in xerographic, digital printing, and document management solutions across the Asia-Pacific region.
Founded
1962
HQ
Website
Status
Privately held
Customer focus
B2B
Revenue model
Services
Valuation
$9.2B (Nov 2019)
Sectors
Fuji Xerox Valuation
Fuji Xerox is currently valued at $9.2B, based on its secondary sale in November 2019.
The round included FUJIFILM.
Fuji Xerox valuation by funding round
| Date | Stage | Valuation |
|---|---|---|
| Nov 2019 | Secondary | $9.2B |
Fuji Xerox Funding History
Fuji Xerox has 1 recorded secondary share sale and no primary funding rounds.
| Date | Stage | Investors | Valuation | Deal Summary |
|---|---|---|---|---|
| Nov 2019 | Secondary | FUJIFILM | $9.2B | Fujifilm acquired Xerox's 25% stake in the Fuji Xerox joint venture for $2.3 billion, announced on November 5, 2019, and closed in December 2019. This transaction gave Fujifilm 100% ownership of Fuji Xerox, ending a 57-year joint venture between the two companies. The deal also included Xerox selling its 51% stake in Xerox International Partners (a smaller OEM joint venture) to a Fuji Xerox affiliate, along with new product supply arrangements and extended sourcing terms for future product programs to ensure Xerox's supply continuity. The transaction effectively resolved the contentious relationship between Fujifilm and Xerox following the failed $6.1 billion merger attempt in January 2018, in which Fujifilm sought to acquire a controlling stake in Xerox. As part of the November 2019 settlement, Fujifilm dismissed the $1 billion lawsuit it had filed against Xerox in June 2018 for abandoning that merger agreement. Xerox used the $2.3 billion in after-tax proceeds (including accrued dividends through closing) to pursue accretive M&A opportunities, return capital to shareholders, and pay down debt obligations. |
Who has invested in Fuji Xerox?
1 investor has backed Fuji Xerox across its funding rounds, including FUJIFILM.
Fuji Xerox Investors
| Investor | HQ | Rounds | Role | First check |
|---|---|---|---|---|
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Benchmark 350K+ Funding Rounds and Disclosed VC Valuation Multiples
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Start Free TrialInvestments by Fuji Xerox
Fuji Xerox has invested in 1 company to date.
Latest investment by Fuji Xerox was on September 25th 2020. Fuji Xerox invested in Blue Planet-works in their $3M Strategic investment round.
Latest Investments by Fuji Xerox
| Description | Blue Planet-works is a Japanese cybersecurity company, formerly known as KeepTree, established in 2017. It provides endpoint protection software built on its AppGuard technology platform, acquired from Blue Ridge Networks, under a stated mission of safety for the connected world. The company has applied its technology to areas including IoT and mobility platforms, working with partners in sectors such as automotive. |
| HQ Country | |
| HQ City | Tokyo |
| Deal Date | 25 Sep 2020 |
| Round | Strategic investment |
| Raised | $3M |
| Investors | - |
| Valuation | undisclosed |
| EV/Revenue | |
| EV/EBITDA | |
This data is available for Pro users. Sign up to see all Fuji Xerox investments and their VC round multiples. Start Free Trial | |
Fuji Xerox Competitors
Fuji Xerox competitors include listed companies like Toppan Holdings, Dai Nippon Printing, Jack Henry & Associates and Intertek, and private ones like Deel and G-P/Globalization Partners.
| Company | HQ | Status | Revenue | EBITDA | Valuation | Revenue Multiple |
|---|---|---|---|---|---|---|
| Publicly listed | $12B | $1.3B | $8.4B | 0.8x | ||
| Publicly listed | $9.7B | $1.4B | $8.2B | 0.9x | ||
| Publicly listed | $2.5B | $848M | $11B | 4.3x | ||
| Publicly listed | $4.6B | $993M | $12B | 3.0x | ||
| Private | $1.7B | - | $17B | 10.0x | ||
| Private | $1B | - | $4.2B | 4.2x |
Fuji Xerox Public Comps
Fuji Xerox is still privately-owned, but its public comps include Toppan Holdings, Dai Nippon Printing, Jack Henry & Associates, Intertek, Genpact, Avery Dennison, Teleperformance, Bureau Veritas, L&T Technology Services and Ableprint.
| Last FY | EV/Revenue | EV/EBITDA | ||||||
|---|---|---|---|---|---|---|---|---|
| Revenue | EBITDA | Last FY | LTM | 2027E | Last FY | LTM | 2027E | |
| $12B | $1.3B | 0.8x | 0.8x | 7.5x | 8.7x | |||
| $9.7B | $1.4B | 0.9x | 0.9x | 6.3x | 8.1x | |||
| $2.5B | $848M | 4.3x | 4.3x | 12.9x | 13.2x | |||
| $4.6B | $993M | 3.1x | 3.0x | 14.2x | 13.1x | |||
| $5.1B | $875M | 1.3x | 1.3x | 7.7x | 6.9x | |||
| $8.9B | $1.4B | 1.9x | 1.8x | 11.8x | 10.9x | |||
| $12B | $2B | 0.8x | 0.8x | 4.4x | 4.1x | |||
| $7.4B | $1.4B | 2.2x | 2.2x | 11.6x | 10.8x | |||
This data is available for Pro users. Sign up to see all Fuji Xerox competitors and their valuation data. Start Free Trial | ||||||||
Common questions about Fuji Xerox
| When was Fuji Xerox founded? | Fuji Xerox was founded in 1962. |
| Where is Fuji Xerox headquartered? | Fuji Xerox is headquartered in Tokyo, Japan. |
| Is Fuji Xerox publicly listed? | No, Fuji Xerox is a private, VC-backed company. |
| What is Fuji Xerox's valuation? | Fuji Xerox was last valued at $9.2B in its secondary sale in November 2019. |
| Who are Fuji Xerox's investors? | Fuji Xerox's investors include FUJIFILM. |
| Which companies are comparable to Fuji Xerox? | Companies comparable to Fuji Xerox include Toppan Holdings, Dai Nippon Printing, Jack Henry & Associates, Intertek, Deel and G-P/Globalization Partners. |
| How many companies has Fuji Xerox invested in? | Fuji Xerox has invested in 1 company, including Blue Planet-works. |
| What was Fuji Xerox's last investment? | In September 2020, Fuji Xerox invested in Blue Planet-works' $3M strategic investment round. |
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