alt Inc. (https://alt.ai/en/, head office: Minato-ku, Tokyo; CEO: Kazutaka Yonekura), is pleased to announce that its CloneM&A product has facilitated the merger and acquisition of HR consulting firm Knocklearn Inc. (head office: Ota-ku, Tokyo; CEO: Akira Fukumoto) and AirTrip Corp. (head office: Minato-ku, Tokyo; CEO and CFO: Yusuke Shibata; stock code: 6191 (TSE Prime)). This is the third M&A transaction alt has supported since trial operations of CloneM&A began in April 2024.
* The total man-hours of our personnel engaged in M&A advisory work.
(Reference) AirTrip news release: https://www.airtrip.co.jp/news/12791/
(Reference) knocklearn news release: https://prtimes.jp/main/html/rd/p/000000019.000103563.html
AirTrip is engaged in a total of 16 businesses across the group, with its AirTrip travel business—Japan's largest comprehensive online travel platform—at its core. Aiming to expand and strengthen the AirTrip economic sphere, the group has been considering M&A in areas that offer synergy with new and existing businesses. As part of this effort, it was determined that CloneM&A would create sufficient synergy between Knocklearn's HR consulting business and AirTrip's CXO community business.
Knocklearn had been considering forming alliances with other companies, but was attracted by the business synergies and high growth potential with AirTrip, presented by CloneM&A. CloneM&A was able to deeply understand the potential needs of both companies and instantly identify the optimal partner, ultimately leading to a deal in just five months from the start of the proposal.
CloneM&A’s most recent merger was made by a minimum staffing level (1.1 employees/month in actual operation) and is evidence of the platform’s innovative nature, which distinguishes it from traditional personal M&A methods. This third successful deal solidify the growth potential of CloneM&A business by utilizing AI clone technology.
(Reference)
alt.ai announces world-first AI-matched M&A using CloneM&A
Supporting Relo Create's M&A with clone matching technology that allows AI clones of companies to meet with each other in virtual interviews
https://alt.ai/en/news/5691/
■About CloneM&A
CloneM&A is an AI matching system that uses a large language model to generate a clone of the seller company and have it virtually meet with thousands of buyer company clones in a database. CloneM&A calculates matching scores and synergies with all potential buyer companies, searching for the optimal candidate.
CloneM&A utilizes alt's proven clone generation technology to thoroughly learn all of a company’s data, including voice recordings and business documents. This helps it achieve a significantly higher average matching accuracy than conventional keyword matching, which is based on personal preference. In tests, the service was highly evaluated for its high level of confidentiality in the matching process and its ability to provide a satisfactory search for buyer companies from the early stages of M&A consideration. Moreover, CloneM&A’s results (application rate, matching rate, and closing rate) have far exceeded the M&A industry average. CloneM&A is scheduled for public release in January 2025.
Starting with CloneM&A, alt will leverage the power of AI to solve all issues in the M&A field. Utilizing our many years of experience and track record with artificial intelligence, we will strive to make a difference on Japan’s most pressing social issues.
■About AirTrip Corp.
Company Name: AirTrip Corp. (TSE Prime: 6191)
Representative: President & Representative Director / CFO Yusuke Shibata
Established: May 2007
Address: Atago Green Hills MORI Tower 19F, 2-5-1, Atago, Minato-ku, Tokyo 105-6219, Japan
https://www.airtrip.co.jp/en
■About alt Inc.
Founded in November 2014, alt is a company that "aims to free people from unproductive labor" by creating "P.A.I." (Personal Artificial Intelligence) and AI clones. In addition to AI GIJIROKU, a communication intelligence that utilizes speech recognition technology born from the development of an AI dialogue engine, we also develop and provide products, such as altBRAIN, CLONEdev, and altTalk, that provide solutions to various business issues through PoC (Proof of Concept).
https://alt.ai/en/
<Media Inquiries to:>
Misako Nishizawa (Media Relations)
e-mail: press@alt.ai
<CloneM&A Inquiries to:>
Masataka Inoue (New Business Development Department)
e-mail: clonema@alt.ai