Deal snapshot: TINY ACQUIRES PIXEL UNION WITH USD 25M COMMITMENT IN ACQUISITION CAPITAL.
MANews-(C)2009-2019
Canada-based technology holding company Tiny has acquired a majority stake in Canada-based Pixel Union, a partner in the Shopify ecosystem, the company said. Tiny said Shopify is the best ecommerce platform in the market and is well-positioned to help bring more retailers online.
Tiny said it will throw its full weight behind the platform and to continue to invest time, energy and capital into making Shopify the #1 choice for online retailers. Tiny founded Pixel Union in 2009 and sold a majority stake to Teligence Capital in 2014.
Country: Canada
Sector: Wholesale/Retail
Target: Pixel Union
Buyer: Tiny
Vendor:
Deal size in USD:
Type: LBO
Financing:
Status: Closed
Buyer advisor: , ,
Comment: Terms of the deal were not disclosed
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| Publication: | M & A Navigator |
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| Geographic Code: | 1CANA |
| Date: | Apr 12, 2019 |
| Words: | 121 |
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