NetworkNewsBreaks – Roth Canada Advises Tiny Ltd. (TSX.V: TINY) on US$66M Acquisition of Serato and Co-Leads C$56.1M in Financing
Roth Canada is pleased to announce its role as exclusive financial advisor to Tiny Ltd. (TSX.V: TINY) on the acquisition of a 66% interest in Serato Audio Research, a leading global audio software company. The transaction, valued at US$66 million plus contingent consideration, consisted of US$23.6 million in Tiny common shares and US$42.4 million in cash, implying a valuation of 3.2x annualized revenue and 9.6x adjusted EBITDA based on the nine months ended Sept. 30, 2024. In conjunction with the acquisition, Roth Canada also acted as co-lead underwriter on a C$20 million bought deal public offering of 17.4 million subscription…







