{"rewrite":{"id":"r_bfbf5f3b1cc46b395f2719b8","clusterId":"c_e205e06aa6de18e540c65cb2","slug":"excert-operator-ibt-sogo-kenkyujo-joins-microcity-group","model":"deepseek-v4-flash","headline":"Excert Operator IBT Sogo Kenkyujo Joins Microcity Group","summary":"IBT Sogo Kenkyujo, the operator of the online exam platform Excert, has joined the Microcity group. Smart Capital, whose investment fund held the shares, transferred them to Microcity. Finance Produce advised Smart Capital as sell-side financial advisor. Excert supports IBT and CBT testing with remote proctors and is used by more than 500,000 people a year.","whyItMatters":"The transfer places Excert, used by more than 500,000 people a year, under Microcity's development and operation resources, moving the platform to its next growth stage.","webCardHtml":"\u003cp\u003eFinance Produce took the sell-side advisory role at Smart Capital\u0026#39;s request in early 2026, running the process from buyer search to final contract and closing. The deal moves shares held by an investment fund operated by Smart Capital into Microcity, a company focused on permanent ownership of industry-specific software. Excert handles the full exam flow, from application and testing to result notification, and uses remote proctors to prevent cheating in home exam settings. Finance Produce is a sell-side M\u0026amp;A firm founded in May 2021 through an MBO from Dream Incubator.\u003c/p\u003e","blueskyPost":"Excert operator IBT Sogo Kenkyujo has joined the Microcity group. Smart Capital transferred the shares, with Finance Produce advising on the sell side. The online exam platform, used by over 500,000 people a year, moves to Microcity's development and operation resources.","twitterPost":"Excert operator IBT Sogo Kenkyujo joins Microcity group. Smart Capital transferred shares held by its investment fund; Finance Produce advised as sell-side FA. Platform used by 500,000+ people a year moves to next growth stage.","threadsPost":null,"newsletterBlurb":"IBT Sogo Kenkyujo, which runs the online exam platform Excert, has joined the Microcity group. Smart Capital transferred the shares and Finance Produce advised on the sell side. Excert, used by more than 500,000 people a year, will now draw on Microcity's development and operation resources.","attributionJson":"[{\"source\":\"ASCII.jp\",\"url\":\"https://ascii.jp/elem/000/004/432/4432657/?rss\",\"title\":\"Advised the Transfer of IBT Sogo Kenkyujo to Microcity as Sell-Side FA\"}]","lintFlagsJson":null,"lintHits":0,"costUsd":0,"inputTokens":4852,"outputTokens":3430,"status":"published","repairAttempts":0,"nextRepairAt":null,"factsAttemptedAt":1788748197,"createdAt":"2026-09-07T02:26:48.000Z","publishedAt":"2026-09-07T02:28:24.000Z","updatedAt":"2026-09-07T02:28:24.000Z"},"cluster":{"id":"c_e205e06aa6de18e540c65cb2","canonicalTitle":"セルサイドFAとして、IBT総研社のマイクロニティ社への譲渡を助言","representativeArticleId":"a_dbef47d851e180ef466e9ee1","sourceCount":1,"writtenSourceCount":1,"writeAttempts":0,"isSolo":true,"entitiesJson":"{\"anime_titles\":[],\"manga_titles\":[],\"work_titles\":[],\"studios\":[],\"people\":[],\"type\":\"business\",\"domain\":\"industry\",\"is_roundup\":false}","contentType":"news","status":"published","firstSeenAt":"2026-09-07T01:00:02.000Z","lastSeenAt":"2026-09-07T01:00:02.000Z","updatedAt":"2026-09-07T02:28:21.000Z"},"attribution":[{"source":"ASCII.jp","url":"https://ascii.jp/elem/000/004/432/4432657/?rss","title":"セルサイドFAとして、IBT総研社のマイクロニティ社への譲渡を助言"}],"entities":{"anime_titles":[],"manga_titles":[],"work_titles":[],"studios":[],"people":[],"type":"business","domain":"industry","is_roundup":false},"keyFacts":null}