Tiny Ltd. (TSX: TINY), a Canadian holding company focused on long term business ownership, announced on October 6, 2026 that it has completed the acquisition of the assets comprising Oso Cloud, an enterprise software business specializing in authorization and access control. The transaction closed on October 1, 2026 and was funded entirely with cash from Tiny's balance sheet. The acquisition adds approximately $5.3 million in annualized recurring revenue and expands Tiny's enterprise software footprint.
Strategic Acquisition of Oso Cloud
Oso Cloud was founded in 2019 and provides authorization software that companies embed in their products to manage what each user can see and do. The platform helps customers meet enterprise grade access control and security requirements without building and maintaining systems themselves. Its client base includes approximately 80 customers across security, fintech, and developer software, all on recurring subscription contracts including several multi-year agreements.
Transaction Terms and Funding
The purchase price was approximately $1.9 million, comprising roughly $1.2 million in cash paid at closing and an aggregate holdback of approximately $0.7 million for transition services and transaction adjustments. The holdback is subject to release under the terms of the purchase agreement. Tiny funded the acquisition using cash on its balance sheet, reflecting the company's disciplined approach to capital allocation.
Financial Impact and Growth Metrics
Including Oso Cloud, Tiny's pro forma annualized recurring revenue would be approximately $75.4 million, up from $70.0 million before the transaction. This represents an increase of roughly 7.6% in annualized recurring revenue on a pro forma basis. Oso Cloud contributes approximately $5.3 million in annualized recurring revenue and strengthens Tiny's presence in enterprise software.
Management Commentary
Austin Singhera, Chief Executive Officer of Tiny, emphasized that controlling access to sensitive data and critical systems is fundamental to how large enterprises operate securely, especially as new applications and AI tools reshape work. He noted that Oso Cloud helps customers manage those permissions. Singhera expressed excitement about the business and its growth prospects, and said Tiny looks forward to supporting existing customers and reaching new ones.
About Tiny
Tiny is a Canadian holding company that acquires wonderful businesses using a founder friendly approach and typically holds them for the long term. It focuses on companies with unique competitive advantages, recurring or predictable revenue streams, and strong free cash flow generation. Tiny currently operates three principal reporting segments: Digital Services, Software and Apps, and Creative Platform.
Portfolio Composition
Digital Services helps some of the world's top companies design, build, and ship amazing digital products. Software and Apps 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. Creative Platform is composed primarily of Dribbble, the social network for designers and digital creatives, as well as Creative Market, a premier online marketplace for digital assets such as fonts, graphics, and templates.
The acquisition of Oso Cloud aligns with Tiny's strategy of acquiring recurring revenue businesses with strong competitive positions and long term growth potential. By adding enterprise grade authorization capabilities to its portfolio, Tiny continues to diversify its revenue base while maintaining a disciplined acquisition approach. The company remains focused on supporting Oso Cloud's existing customers and expanding its reach in the enterprise software market.