The Shipyard Acquires TinyWins

NSC Technologies Acquires Shipyard Staffing

December 1, 2023

Staffing & HR

NSC Technologies, a portfolio company of White Wolf Capital Group, has acquired Shipyard Staffing to expand its marine and skilled trades staffing capabilities. The add-on strengthens NSC's platform in the shipyard and marine infrastructure market; financial terms were not disclosed.

Alaris Equity Partners Makes US$59.5M Investment in The Shipyard

August 31, 2023

Marketing & Advertising

Alaris Equity Partners (through its subsidiary Alaris Equity Partners USA, Inc.) invested US$59.5 million in marketing agency The Shipyard, comprised of preferred equity and a minority common equity stake, with an additional US$5.5 million tranche contingent on performance. The capital provides a partial liquidity event to existing equity holders and is intended to fuel The Shipyard's growth while preserving management control.

The Shipyard Acquires Fahlgren Mortine

May 14, 2024

Marketing & Advertising

The Shipyard has acquired Fahlgren Mortine, a national integrated communications and public relations agency, creating a combined independent platform with expanded PR, media buying and data capabilities. The deal preserves Fahlgren Mortine's brand and leadership, follows a prior minority investment in The Shipyard from Alaris Equity Partners, and brings the combined company to approximately $350 million in billings and roughly 400 professionals across 10 offices.

Tiny Acquires HappyFunCorp for $30M

July 3, 2023

IT Services

Canadian acquirer Tiny has purchased Brooklyn-based product engineering firm HappyFunCorp for $30 million in a deal combining cash and shares. HappyFunCorp — a profitable, bootstrapped app and product engineering shop (2022 revenue ~$12M) — will remain independently operated in Brooklyn with its leadership team staying on post-close.

Tiny (WeCommerce) Acquires Repeat Inc.

February 29, 2024

Cloud & SaaS

Tiny Ltd.'s WeCommerce subsidiary has acquired all outstanding shares of Repeat Inc., a retention AI marketing SaaS for enterprise e-commerce merchants. The acquisition will be consolidated into Tiny's financials and is intended to expand WeCommerce's e‑commerce marketing capabilities across Tiny's portfolio of Shopify-focused tools.

Tiny Ltd (WeCommerce) Acquires Clean Canvas Limited

September 7, 2023

E-Commerce

WeCommerce Holdings LP, a subsidiary wholly owned by Tiny Ltd., has acquired all issued and outstanding shares of Clean Canvas Limited for an upfront US$11.5 million plus up to US$1.2 million of contingent earn-out consideration. Clean Canvas, a UK-based Shopify theme designer and developer, will continue to operate as an independent brand and its results will be consolidated into Tiny's financials; the purchase includes a US$750,000 holdback and the earn-out may be paid in cash, Tiny common shares, or a combination.