.
MergerLinks Header Logo

New Deal


Announced

Completed

Canva completed the acquisition of Affinity.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

creative software

graphic design

United Kingdom

Acquisition

Cross Border

Private

photo editing

Software

Majority

Friendly

Single Bidder

Completed

Synopsis

Edit

Canva, an all-in-one visual communication platform, completed the acquisition of Affinity, a creative software suite for professional photo editing, illustration, graphic design and page layout. Financial terms were not disclosed. “Visual communication is now ubiquitous in the workplace and investing in strategies that enhance our B2B offerings is core to the future of our business. From sales and marketing, to brand and creative teams, the need to create effective and engaging visual content is on the rise. The Affinity team comes with an incredible caliber of talent and technology and we're delighted to welcome them to Canva as we enter our next phase together,” Cliff Obrecht, Canva co-founder and COO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US