B2C Web to Print
Raksul Inc.
2009
Tokyo, JP
B2B, SMB
Raksul is Japan's largest web to print solution provider, operating with an 'Uber for Print' model that connects customers with a network of local printing houses. Founded in 2009 and formerly publicly traded on Tokyo Stock Exchange (TSE: 4384), the company reported FY2025 consolidated revenue of JPY 61.95B (up 21.2% YoY). In December 2025, Raksul announced a JPY 120B (~USD 771M) management buyout sponsored by Goldman Sachs to go private, with a tender offer at JPY 1,710/share (36.8% premium). The company has expanded into logistics (Hacobell), TV commercials (Novasell), corporate IT (Josys), and banking (RAKSUL BANK). Acquired six companies over two years including Marutama (packaging), Dandelion (stamps), Team Like (vinyl curtains), and Fusion (video). Strategic partnership with Canva enables direct print-from-design in Japanese market.
VC/PE Backed
Goldman Sachs-backed MBO tender offer for Raksul succeeds (~86% of shares); company to be taken private
TipRanks (via Globe and Mail)Goldman-backed MBO raises bid for Raksul to JPY 1,900/share (~$730m) and extends tender period
MarketScreenerMBO tender offer price raised 11% to ¥1,900 per share following investor pushback
TradingView/ReutersQ1 FY2026 results: Revenue up 17.2% YoY to ¥17.24 billion; management buyout announced at 36.8% premium (initial offer ¥1,710 per share)
Investing.comRaksul announces JPY 120B management buyout to go private, sponsored by Goldman Sachs; tender offer at JPY 1,710/share with 36.8% premium; Board endorses offer and recommends shareholders tender shares
Nikkei Asia / Investing.com / MarketScreenerRaksul acquires Marutama and Marutama Wel (Gifu City, paper shopping bags) effective August 1, 2025, strengthening cardboard packaging segment and expanding market reach
Sustainable Packaging MEA / MarketScreenerRaksul reports record FY2025 results: consolidated revenue JPY 61.95B (+21.2%), EBITDA JPY 6.09B exceeding guidance; issues FY2026 guidance of JPY 75-77B revenue (+21-24%)
Investing.com / TradingView / Yahoo FinanceRaksul partners with Canva for Japanese market, enabling designs created on Canva platform to be printed directly through Raksul; initially supporting business cards and flyers with expansion planned
Raksul / Canva
B2C Web to Print
360imprimir
VC-backed Portuguese online print leader with ~60% market share in Portugal. Founded 2013, raised $27.7M in funding, serving 1M+ customers and expanded to 20+ markets including EU, LatAm, and USA.
B2C Web to Print
360imprimir Brasil (Bizay)
360imprimir is the Brazilian arm of Bizay S.A. (formerly 360imprimir), a Portuguese online printing and product customization platform founded in 2013 by Jose Salgado and Sergio Vieira in Torres Vedras. The parent company operates across 21 countries in Europe and the Americas with 50,000+ customizable products, 200+ employees, and production hubs in Iberia, Brazil, and Dallas (US). Total funding exceeds EUR 72M including an EUR 18M Series C2 in Dec 2023 led by Indico Capital Partners. The 360imprimir brand is used in Portuguese/Spanish-speaking markets while Bizay is used internationally. The company pioneered a 4-day work week (36 hours) in 2022, reporting 50% lower absenteeism and 8x more job applications.
B2C Web to Print
360imprimir Mexico (Bizay)
360imprimir Mexico is the Mexican arm of Bizay S.A. (formerly 360imprimir), a Portuguese online printing and customization platform. Mexico is one of 21 countries served by Bizay's multi-hub production network. The parent company has raised EUR 72M+ in total funding and operates with 200+ employees across production hubs in Iberia, Brazil, and Dallas (US). Revenue is consolidated at parent level (see 360imprimir-brazil entry for group financials). The Mexican entity shares the 360imprimir brand used in Portuguese/Spanish-speaking markets.