Track record · Deal story · 2022

Three offers inside two months, a bidding war, and a five-month close

The process speed that independent coverage wrote about

2022 · Sell-side M&A

has been acquired by

Staytuned

SaaS company Staytuned, based in New York, acquired Tabarnapp, the Montreal-based developer of Shopify apps. The process drew three offers inside its first two months and ended in a bidding war, covered independently by They Got Acquired.

offers inside the first two months

months from mandate to closing

Seller · Canada →

Buyer · United States

Derek Morin · Co-founder, Tabarnapp

Array Capital acted as Tabarnapp’s exclusive sell-side advisor.

[a]

01The deal

Derek Morin co-founded Tabarnapp, the Montreal-based developer of Shopify apps.

The Array-run process drew three offers inside its first two months and ended in a bidding war, won by Staytuned, a SaaS company based in New York. Mandate to closing took five months, against a published market average of 6 to 12 months end to end.

They Got Acquired covered the deal independently, naming Array Capital as the advisor: outside verification of a process that ran exactly as designed.

“They used their network to come up with 3 offers in less than a month. We ended up in a bidding war, and it was managed perfectly by Array Capital.”

Derek Morin · Co-founder, Tabarnapp (client review, 2023)

02Why it worked

Speed from preparation

Materials and data room were complete before launch; buyers could bid quickly because they could diligence quickly.

Competition, engineered

Three credible offers in two months is what a curated list plus a hard deadline produces.

Independently reported

The timeline and outcome are documented by third-party editorial coverage, not our marketing.

Independent coverage of this deal

They Got Acquired2024 Shopify app developer Tabarnapp sold to SaaS company Staytuned Tabarnapp · sold to Staytuned · Names Array Capital as the firm that ran the process: three offers inside two months. ↗

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Three offers inside two months, a bidding war, and a five-month close

Speed from preparation

Competition, engineered

Independently reported

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