Broadleaf, an after-market software provider backed by The Carlyle Group, went public on the Tokyo Stock Exchange on March 22 . Based in Tokyo, Broadleaf provides IT solutions and services to maintenance and repair shops, body shops, dismantlers and parts distributors. Its business applications for streamlining operations are used by 30,000 clients, helping to improve their operational efficiency and support their business development activities. Carlyle sold 16.48 million shares (73% of all shares outstanding) and allocated the remaining 2.813 shares (13% of all shares outstanding) for an over-allotment. Including the over-allotment, Carlyle will sell all of its shareholdings. The firm's Japan Partners II fund acquired Broadleaf in November 2009.