Michelmores advised Canada-based WeCommerce (a subsidiary of TSX-Venture Exchange listed Tiny Ltd which invests primarily in North America and Europe) on its USD11.5 million acquisition of Clean Canvas Limited, one of the world’s leading designers and developers of premium Shopify themes.
The acquisition of Clean Canvas further bolsters WeCommerce’s extensive portfolio of companies in the Shopify sphere.
Michelmores supported the Vancouver office of Fasken Martineau DuMoulin LLP who introduced the transaction. The Michelmores corporate team was led by London partner Ian Binnie assisted by London-based corporate associate Hollie Halston and trainee solicitor Joe Wickham.
Ian Binnie commented: “We were pleased to have worked closely supporting WeCommerce and its Canadian counsel, Steve Saville of Fasken Martineau DuMoulin LLP, with this key acquisition that advances Tiny’s strategy to build, acquire and invest in the world’s top Shopify technology businesses. We are increasingly being instructed on transactions which benefit from our dual focus on technology and consumer brands.”