Summary
WWEX Group and Auctane have completed their merger, creating ShipStation Global, a leading logistics provider. The combined company will operate as ShipStation Global and is backed by Thoma Bravo, the world’s largest software-focused investment firm.
Summary of transaction details:
- Value: Not Disclosed
- Sector: Logistics & Transport
- Advisor: J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, UBS Investment Bank
- Key Entities: WWEX Group, Auctane, Thoma Bravo, CVC Funds
- Location: Texas, with offices in Dallas and Austin
Note: The merger is expected to give growing businesses the operational power, technology, relationships, and scale that have historically been accessible only to the largest players in the industry, and is well-positioned to close the gap between large enterprises and growing businesses.
Lead Investor / Acquirer
WWEX Group
Advising Broker
J.P. Morgan Securities LLC, Morgan Stanley & Co. LLC, Goldman Sachs & Co. LLC, UBS Investment Bank
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