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Tiny Completes Acquisition Of Clean Canvas

PUBLIC · TNYZFSep 08, 2023

Acquiring Company

Tiny

Acquired Company

INSTRUCTURE INC

VictoriaSalt Lake CityInformation TechnologyInformation TechnologyEducationE LearningLanguage Learning

Description

Tiny Ltd. (“Tiny” or the “Company”) (TSXV: TINY) is pleased to announce that WeCommerce Holdings Limited Partnership (“WeCommerce”), an entity that is 100% owned by Tiny, has entered into a binding arm’s length definitive share purchase agreement (the “Agreement”) with the shareholders of Clean Canvas Limited (“Clean Canvas”), whereby WeCommerce has acquired all of the issued and outstanding share capital of Clean Canvas (the “Acquisition”). The Acquisition is expected to be accretive to WeCommerce’s consolidated revenues and operating margins, and advances Tiny’s strategy to build, acquire and invest in the world’s top Shopify technology businesses.

Other recent acquisitions in Education and E Learning

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Company Information

Company

Tiny

Location

Victoria, British Columbia, Canada

About

Tiny has spent over a decade partnering with founders to provide fast, straightforward exits that honor their team, preserve company culture, and ensure their businesses thrive for the long term.

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Frequently asked

Who acquired INSTRUCTURE INC?

INSTRUCTURE INC was acquired by Tiny, based in Victoria. The deal was reported on September 8, 2023. Tiny has spent over a decade partnering with founders to provide fast, straightforward exits that honor their team, preserve company culture, and ensure their businesses thrive for the long term. Tiny is publicly traded (TNYZF) and operates in Information Technology.

When did Tiny acquire INSTRUCTURE INC?

Tiny's acquisition of INSTRUCTURE INC was reported on September 8, 2023. Tiny Ltd. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.

What does INSTRUCTURE INC do?

Instructure is a learning technology company and the creator of the Canvas learning management system for K-12 and higher education. It is privately held, operating in Information Technology, and is based in Salt Lake City.

This company was part of an acquisition. Fundz tracks who bought whom, and who to call on both sides.

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