M&A Deal Summary

Orix Acquires Lines

On October 1, 2024, Orix acquired software company Lines

Acquisition Highlights
  • This is Orix’s 2nd transaction in the Software sector.
  • This is Orix’s 6th transaction in Japan.

M&A Deal Summary

Date 2024-10-01
Target Lines
Sector Software
Buyer(s) Orix
Deal Type Add-on Acquisition

Target

Lines

Tokyo, Japan
Lines engaged in the development and sales of educational software, with its strength in digital workbooks for elementary and junior high schools. Lines was founded in 2005 and is based in Tokyo, japan.

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Buyer(S) 1

Buyer

Orix

Tokyo, Japan

Category Company
Founded 1950
Sector Financial Services
Employees31,233
Revenue 1.80T JPY (2024)
DESCRIPTION

Orix is a financial company engaged in financing, leasing and financial instrument selling. The Maintenance Leasing segment provides automobile leasing service, car renting, measuring equipment leasing. Orix was founded in 1950 and is based in Tokyo, Japan.


DEAL STATS #
Overall 12 of 12
Sector (Software) 2 of 2
Type (Add-on Acquisition) 8 of 8
Country (Japan) 6 of 6
Year (2024) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-17 Yayoi

Tokyo, Japan

Yayoi is a financial and accounting software service company. Yayoi also provides software related to other functions, including payroll, sales force automation and customer relations management. Yayoi was founded in 1978 and is based in Tokyo, Japan.

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