ラクスル has acquired Team Like to expand its printing and customer engagement services, aiming for operational synergies and enhanced revenue potential.

Target Information

ラクスル株式会社 (Raksul Inc.), listed on the Tokyo Stock Exchange Prime, is a company that operates a sharing platform for printing and customer engagement solutions. The company has announced its acquisition of Team Like, a Kanagawa-based provider of the B2B order platform "Vinipro," specializing in vinyl curtains and other custom products. The complete acquisition, valued at approximately 1.43 billion yen, will take effect on February 1, 2026. Established in 2015, Team Like has recorded a revenue of 1.38 billion yen, demonstrating significant potential within its specialized market.

ラクスル's acquisition aims to leverage Team Like’s proprietary know-how in selling custom merchandise, which often requires local measurement and construction services, through a comprehensive web-based platform. This strategic move marks a critical step in Raksul's objective of expanding its business domain and enhancing its existing customer revenue per user (ARPU) through the implementation of cross-selling strategies.

Industry Overview in Japan

The M&A landscape in Japan has demonstrated a notable increase in activity, with 426 M&A transactions reported in November 2025, reflecting a 7.3% year-on-year growth. Of these, intra-Japan transactions (IN-IN) accounted for 338, marking an 11.6% incre

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ラクスル

invested in

チームライク

in 2026

in a Buyout deal

Disclosed details

Transaction Size: $130M

Revenue: $13M

Enterprise Value: $130M

Equity Value: $130M


Multiples

EV/Revenue: 10.1x

P/Revenue: 10.1x

Deal Parameters
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