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Acquisition price is 560 million yen, funded entirely by bank borrowings; closing is scheduled for 2026-11-01. Executed as a 1st Party M&A meeting all three selection criteria, with an organizational structure that includes concurrent PMI leadership.","jir_summary":"### Overview of the M&A\nAs execution of the 1st Party M&A set forth in the mid-term management plan, we will acquire all shares of GOODLIFE and GDS, which operate semi-personal gyms, and make them consolidated subsidiaries. The acquisition price is 560 million yen, to be fully financed through bank borrowings. There will be no dilution from new share issuance. Closing is scheduled for 2026-11-01.\n\n### PMI and Key Points of the Business Model\nWe will introduce unmanned and labor-saving packages into staffed stores to drive core business synergies after group integration. We plan to validate a hybrid operating model combining Akerun, Migakun, and fixU at directly operated stores and then expand it horizontally to franchise stores. This deal is positioned as meeting all three selection criteria (appropriate valuation, manageable integration difficulty, and potential for unmanned\/labor-saving measures).","jir_financial_highlights":"Acquisition price: 560 million yen (Unknown)\nRevenue (combined, both companies): 424 million yen (YoY +41% (Assumed cumulative growth from FY2023\/12 to FY2025\/12))\nEV\/EBITDA (current basis): approx. 4.5x (Unknown)","jir_category":"","jir_hashtags":"#Photosynth, #M&A, #PMI, #Unmanned","jir_key_figures":"Acquisition price: 560 million yen\nTarget revenue (combined, both companies): 424 million yen\nEV\/EBITDA: approx. 4.5x","jir_meta_title":"Photosynth inc. Announces Acquisition of GOODLIFE and GDS Shares\uff5cClosing Scheduled for November 2026","jir_meta_description":"Photosynth inc. will acquire all shares of GOODLIFE and GDS and make them consolidated subsidiaries. Acquisition price: 560 million yen, fully financed by bank borrowings. This 1st Party M&A under the mid-term plan will advance post-merger integration.","jir_og_title":"Photosynth inc. Announces Acquisition of GOODLIFE and GDS","jir_og_description":"Photosynth inc. will acquire all shares of GOODLIFE and GDS and make them consolidated subsidiaries. The company will promote core business reintegration through introduction of unmanned and labor-saving packages. Closing is scheduled for 2026-11-01.","jir_og_image_url":"\/assets\/og\/company-m_and_a_alliance.jpg","jir_chart_data_collection":"[]","ir_related_company":59551,"ir_release_date":"","ir_type":"","ir_is_new":false,"ir_document_url":"","jir_ir_type":"m_and_a_alliance","footnotes":""},"sector":[],"importance":[],"class_list":["post-131473","ir_release","type-ir_release","status-publish","hentry"],"yoast_head":"\n