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Riraku has grown rapidly, expanding to over 250 salons currently. Riraku offers a lower priced alternative within the relaxation industry, offering massages of 60 minutes for JPY2,980 as opposed to the standard of JPY6,000 for 60 minutes. Combined with a high quality service, the lower price option has attracted a wide range of customers including homemakers and professionals.
Riraku was acquired by Advantage Partners on October 01, 2013.
Join Mergr to view all 68 acquisitions of consumer services companies in 2013, including 19 acquisitions by private equity firms, and 49 by strategics.
Out of 60 sectors in the Mergr database, consumer services ranked 28 in number of deals in 2013. The largest consumer services acquisition in 2013 was Vue Entertainment - which was acquired by OMERS Private Equity for $1.4B.
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