WeCommerce going public to further strategy of buying Shopify ecosystem companies
WeCommerce, the holding company controlled by Andrew Wilkinson’s Tiny Capital, is set to go public on the TSX Venture Exchange (TSXV) via a reverse takeover of Brachium Capital Corp.
The Victoria-based WeCommerce announced this week it has closed a qualifying transaction that will see it takeover Brachium Capital Corp. and list on the TSXV under the symbol ‘WE.V.’
“We will continue to position ourselves as the acquirer of choice for software companies within Shopify’s partner ecosystem.”
WeCommerce is a company that was created by Tiny Capital in October 2019 to focus on acquiring businesses within the Shopify partner ecosystem. Tiny Capital allocated $25 million to achieve that goal. To date, WeCommerce has acquired six such companies, including Toronto-based Foursixty, which has developed software that helps brands and bloggers monetize on Instragram and Shopify.