BDC Capital invests $12 mln in Tiny-led buyout of Pixel Union
BDC Capital's Growth & Transition Capital recently invested $12 million in Pixel Union, a Victoria, British Columbia-based e-commerce apps and themes agency and partner in the Shopify ecosystem. The financing's proceeds supported Pixel Union's buyout earlier this year by the company and investors, including Canadian technology holding company Tiny Capital, which acquired a majority stake. The seller was Teligence Capital, which acquired Pixel Union in 2014 from its co-founder, Tiny Managing Partner Andrew Wilkinson. Established in 2009, Pixel Union provides products and services that have helped more than 100,000 brands launch and grow online stores.
7 May 2019•3 mins read
