Thoma Bravo agreed on 3 March to acquire WWEX Group, a Dallas-based third-party logistics provider, from a consortium led by CVC and to combine it with Auctane, the shipping software company behind ShipStation, Stamps.com, Metapack and Packlink.
Why Thoma Bravo is buying WWEX Group
Thoma Bravo partner Brian Jaffee said the combined company would be uniquely positioned to define the next generation of AI-enabled logistics, joining Auctane's software and carrier connectivity with WWEX's parcel, less-than-truckload, truckload and brokerage services.
Deal terms and financing
Financial terms were not disclosed. Sellers CVC Capital Partners Fund VIII, Providence Equity Partners, Ridgemont Equity Partners and PSG rolled over part of their equity and keep a significant minority position in the enlarged group.
Regulatory approvals and timing
The deal was expected to close in the second quarter of 2026 subject to customary regulatory approvals. WWEX Group and Auctane completed the merger on 1 June 2026, operating as ShipStation Global with offices in Dallas and Austin.
Market context
WWEX serves more than 130,000 customers and moves over 70 million shipments a year through brands including Worldwide Express, GlobalTranz and Unishippers. Auctane's brands include ShipStation, Stamps.com, Metapack and Packlink.
