In Japan, Ripplewood is known for its acquisition of Seagia in Miyazaki, Japan, the successful turn-around and IPO of Shinsei Bank and the acquisition and quick turn-around sale of Japan Telecom. Aside from its Shinsei Bank success, the firm's other investments in Japan are considered to require longer-than-expected holding time.
It has recently purchased the Power systems division from Alcatel and has renamed it SAFT Power Systems. It is the holder of widely-recognised brands of industrial products such as Harmer+Simmons, AEG SVS, SAFT, etc. In November, 2006, Ripplewood led a private-equity consortium (a "club deal") in the $2.4 billion leveraged buyout of Reader's Digest.
The company is currently active in European markets as well, where it owns (amongst others) HONSEL INTERNATIONAL TECHNOLOGIES S.A.