Shopify is aiming to spruce up its online storefronts, among other projects, with the acquisition of Toronto-based design and user experience agency Jet Cooper.
Craig Miller, VP Growth, Shopify.
The purchase, announced Thursday, will bring all 25 of Jet Cooper’s people into a company that is already bursting with growth. Shopify now has around 265 people in four Canadian offices, and expects to reach 300 by the end of 2013.
Since 2006, when Shopify was founded, its headcount has doubled annually.
“We frequently come across people who work for Jet Cooper, and a lot of the work was really stunning,” said Craig Miller, Shopify’s Toronto-based vice-president of growth.
“We were thinking, ‘I wonder if we can work with them,’ and it turned into ‘Let’s acquire them.’”
The acquisition price was not disclosed.
Shopify’s current Toronto office of 14 people packed up their things Thursday and moved from their current office on Jarvis Street to Jet Cooper’s office near Spadina Avenue and Dundas Street in Chinatown.
Satish Kanwar, Jet Cooper’s CEO, will be the director of Toronto operations and will report to Mr. Miller.
Jet Cooper will also help Shopify work on some new product launches for which they have yet to release details, Mr. Miller said. Shopify expects to add to its Toronto headcount in the coming months, but he hopes the firm won’t need to move again any time soon.
Shopify opened a small office in Montreal two weeks ago. It also has an office in Winnipeg and its headquarters in Ottawa.
The company has been expanding for two principal reasons: to attract developers unable to move, and to be closer to clients in other cities.
There are no concrete plans to add more offices, Mr. Miller added, although the company is always on the lookout for talented developers.
The e-commerce company now hosts more than 60,000 online stores that have $2 billion in online sales. Shopify’s last acquisition was in 2012, when it bought mobile app development agency Select Start Studios.
Past clients of Jet Cooper include Cineplex, Sobeys, TELUS, Metro News, Kik, and TEDxToronto.