Vancouver, British Columbia — Teligence Capital is pleased to announce the sale of its stake in Pixel Union to Tiny Capital and its investment partners. Pixel Union is a leading design, development and service partner for Shopify, specializing in beautiful and easy-to-use themes and apps.
Teligence Capital acquired a controlling stake in Pixel in 2014 and increased its revenue and adjusted EBITDA ten-fold, through a combination of organic growth and acquisitions.
“We’re very pleased with the growth of Pixel in the past five years, both in financial terms and as an organization”, said Teligence Capital CEO Cameron Sobolik. “It shows how Teligence Capital can take smaller businesses and build them in to strong, global competitors.
“Ben Moore, CEO of Pixel, and Andrew Wilkinson, Chairman of Tiny, were instrumental in building Pixel into the company it is today”, Mr. Sobolik continued. “We think they’re well positioned to continue to scale and we’re confident they are going to take Pixel to new heights.”
About Teligence Capital
Teligence Capital is a private equity firm that adds capital and operational excellence to its portfolio companies, enabling them to scale efficiently and profitably.
To learn more about Teligence Capital, visit https://www.teligencecapital.com.
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