Mr. Austin Singhera reports

TINY COMPLETES ACQUISITION OF OSO CLOUD

Tiny Ltd. has completed the acquisition of the assets comprising Oso Cloud, an enterprise software business specializing in authorization and access control. The acquisition closed on Oct. 1, 2026.

Founded in 2019, Oso is an enterprise software business that provides authorization software that companies build into their products to control what each user can see and do. Customers use it to meet enterprise-grade access-control and security requirements without building and maintaining the system themselves.

At closing, Oso Cloud had approximately $5.3-million in annualized recurring revenue (ARR) and served approximately 80 customers in security, fintech (financial technology) and developer software, all on recurring subscription contracts, including several multiyear agreements. Including Oso Cloud, Tiny's pro forma annualized recurring revenue would be approximately $75.4-million.

Management commentary

"Controlling access to sensitive data and critical systems is fundamental to how large enterprises operate securely, especially as new applications and AI [artificial intelligence] tools reshape how work gets done," said Austin Singhera, chief executive officer of Tiny. "Oso Cloud helps customers manage those permissions. We're excited about the business and its growth prospects and look forward to supporting its existing customers and reaching new ones."

Acquisition terms

The purchase price was approximately $1.9-million, comprising approximately $1.2-million paid in cash at closing and an aggregate holdback of approximately $700,000 for transition services and transaction adjustments, subject to release under the purchase agreement. The acquisition was financed with Tiny's balance sheet cash.

About Tiny Ltd.

Tiny is a Canadian holding company that acquires wonderful businesses using a founder-friendly approach. It focuses on companies with unique competitive advantages, recurring or predictable revenue streams, and strong free cash flow generation. Tiny typically holds businesses for the long term, with a parent-level focus on capital allocation, collaborative management and operations, and incentive structures within the operating companies to drive results for Tiny and its shareholders.

Tiny currently has three principal reporting segments: Digital Services, which helps some of the world's top companies design, build and ship amazing digital products; Software and Apps, which is home to Serato, the world's leading DJ software, and WeCommerce, a collection of leading application and theme businesses powering global e-commerce merchants; and Creative Platform, which is composed primarily of Dribbble, the social network for designers and digital creatives, as well as Creative Market, a premier on-line marketplace for digital assets such as fonts, graphics and templates.

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