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Last updated May 16, 2026 (about 4 months ago).

capital · May 16, 2026

Canva Acquires Ortto in Multi-Jurisdictional Deal Advised by Allens

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Canva acquired Ortto, a customer data and marketing automation platform co-founded by brothers Chris and Mike Sharkey, the duo behind holiday rentals site Stayz acquired by Fairfax Media. The Ortto deal ranks among Canva's largest since its US$250 million purchase of Leonardo.Ai in 2024. Ortto was acquired in April 2026 alongside Simtheory. Allens advised Canva on Australian law matters for the multi-jurisdictional Ortto transaction, led by partner Dominic Anderson with team members Joe Power, Jacqueline Downes, Madeleine Hunt, Ria Neilson, Pabiola Choi, Quynh McGrath, Jessica Flatters, Renee Preketes, and Matthew Joffe. Canva pushes toward a potential IPO through acquisitions targeting AI, advertising tech, and marketing automation.

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