Foursixty

Foursixty in its acquisition by WeCommerce

Client

Foursixty

Value

-

Service

Emerging and High Growth Companies

Date Closed

June 2020

Industry

Venture Capital

Lead Office

Toronto

 

On June 11, 2020, Foursixty announced it has been acquired by WeCommerce for an undisclosed sum. Foursixty counts thousands of the world’s most popular direct to consumer brands such as Fashion Nova, Pure Vida Bracelets, Knix, MVMT Watches, Mejuri and Skims as customers. The acquisition will allow Foursixty to maintain its independent operation to ensure continued success.

Foursixty is a leading partner in the Shopify and Instagram ecosystems specializing in their shoppable Instagram and user generated content platform to help brands monetize their Instagram accounts.

WeCommerce is a Canadian e-commerce technology holding company focused on delivering products and services within the Shopify ecommerce ecosystem through its straightforward approach to buying and operating portfolio companies.

Osler, Hoskin & Harcourt LLP advised Foursixty with a team consisting of Chad Bayne, Justin Dharamdial, Andrew Irwin and Jeremy Lin (Emerging and High Growth Companies).