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Article Image - Transcosmos Acquires 100% Ownership of Social Gear, a Social Media Operational Support Company

Posted 20th May 2016

Transcosmos Acquires 100% Ownership of Social Gear, a Social Media Operational Support Company

transcosmos inc. has made additional investment in SOCIAL GEAR PTE LTD (Headquarters: Singapore; CEO: Shunsuke Sato; hereafter, Social Gear), a company which provides social media operational support, and acquired 100% ownership of the company.

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Transcosmos Acquires 100% Ownership of Social Gear, a Social Media Operational Support Company

transcosmos inc. has made additional investment in SOCIAL GEAR PTE LTD (Headquarters: Singapore; CEO: Shunsuke Sato; hereafter, Social Gear), a company which provides social media operational support, and acquired 100% ownership of the company. At the same time, transcosmos elected Mr. Shunsuke Sato, CEO of Social Gear, a candidate for its Director & CMO.

Social Gear owns 2 official certifications such as “Community Management” and “Ad Technology” in the “Facebook Marketing Partner”, the official Marketing Partner Program of FacebookR. The company provides ads distribution/ optimization services through sophisticated Facebook operational support capability with leveraging Facebook insights and “social gear Ads+”, the Facebook Ads operational service tool.

transcosmos has been providing social media operation and ads support in multi-languages in Japan and ASEAN countries since the company signed strategic alliance agreement with Social Gear in June 2015. With making Social Gear a wholly owned subsidiary, transcosmos, together with Social Gear, will drive efforts on developing services for Facebook while sharing technology, people and know-how.

transcosmos continues to enhance its services that support client companies’ activities in sales & marketing arena and customer care on Facebook platform which has huge global growth potential.

Shunsuke Sato, Social Gear’s CEO said:

“Social Gear, started as a venture business, is now up for a challenge to perform scalable business through leveraging contact centers and global offices that transcosmos owns. I am confident that you will be thrilled and enjoy our unprecedented new services that we will co-create by combining the capital and people of a large company with innovative challenging spirit of the venture business.”

Categories: M&A

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