Thoma Bravo to acquire e-commerce shipping software firm, a US-based provider of e-commerce shipping software solutions, has agreed to be acquired by software investment firm Thoma Bravo for around $6.6 billion in an all-cash deal.

As per the terms of the deal, stockholders of the publicly-listed company on NASDAQ will be paid $330 per share.

Based in El Segundo, California, caters to consumers, small businesses, enterprises, e-commerce shippers, and high volume shippers.

The e-commerce shipping software company provides solutions that enable businesses run their shipping operations more seamlessly. Its brands include, Endicia, ShipEngine, ShipStation, ShipWorks, ShippingEasy, Metapack, and GlobalPost.

The brands are said to offer seamless access to mailing and shipping services via integrations with over 500 unique partner applications.

Following the closing of the acquisition, will become a private firm with the flexibility and resources to continue to offer global e-commerce technology solutions.

Apart from that, the e-commerce shipping software company will benefit from Thoma Bravo’s capital support, operating capabilities, and deep sector expertise.

Thoma Bravo acquisition of

Thoma Bravo to take e-commerce shipping software firm private in a $6.6bn deal. Photo courtesy of Polylerus/

Commenting on Thoma Bravo acquisition of, Ken McBride Chairman and CEO, said: “Today’s announcement marks a significant milestone in the history of and will provide us with a new and exciting platform from which we can continue to execute our global strategy driven by best-in-class software and technology solutions,

“With the financial and operational support of Thoma Bravo, can continue to innovate and pursue growth opportunities to capture the expanding e-commerce shipping market and extend our position as the leading global multi-carrier e-commerce shipping software company.”

The board of directors of has approved the agreement with Thoma Bravo unanimously and recommends shareholders to vote in favor of the deal.

Brian Jaffee, a Principal at Thoma Bravo, commenting on Thoma Bravo acquisition of, said: “We’ve been tracking the impressive growth of for many years and are excited to partner with the team to support the Company in continuing to drive cutting edge product innovation, expansion into new markets, and delivery of an even greater level of service and support to its impressive customer base.

“The e-commerce landscape is rapidly evolving and we look forward to partnering with the team to continue building on the Company’s leading position in e-commerce shipping solutions.”

The deal is likely to close in Q3 2021 and will be contingent on approval by’s stockholders, regulatory approvals, and customary closing conditions.

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