Thoma Bravo announced that it has entered into a definitive agreement to acquire WWEX Group, a third-party logistics provider of parcel and freight services, and to combine it with its existing portfolio company, Auctane, to form a global logistics and shipping technology platform.
WWEX Group operates a family of brands, including Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics, and BLX Logistics, serving more than 130,000 customers nationwide and moving over 70 million shipments annually. In 2025, the company reported annual systemwide revenue of approximately $5 billion. The acquisition will see Thoma Bravo purchase WWEX Group from a consortium of investors, including CVC Capital Partners Fund VIII, Providence Equity Partners, Ridgemont Equity Partners, and PSG. As part of the transaction, CVC Funds and other existing WWEX Group investors will roll over a portion of their equity and retain a significant minority position in the combined company.
Following the close of the transaction, Thoma Bravo plans to combine WWEX Group with Auctane, a global shipping software provider whose brands include ShipStation, Stamps.com, Packlink, ShippingEasy, ShipWorks, Endicia, GlobalPost and Metapack. The combined company is expected to become one of the largest and most diversified logistics and shipping technology platforms, integrating Auctane’s cloud-based software and global carrier connectivity with WWEX Group’s parcel, less than truckload, truckload, and freight brokerage capabilities.
The combined platform aims to deliver AI-enabled, end-to-end logistics solutions spanning checkout to doorstep, offering unified data visibility, expanded carrier access, and decision support tools to help businesses optimize costs and scale across the logistics value chain.
The transaction is expected to close in the second quarter of 2026, subject to customary regulatory approvals.
KEY QUOTES:
“This combination brings together two complementary leaders at a pivotal moment for the logistics industry. Auctane’s category-defining shipping software and WWEX Group’s scaled parcel and freight service offerings create an integrated solution with the data, distribution and volume necessary to help customers drive smarter decision-making and superior execution across the logistics lifecycle. Together, we believe the company is uniquely positioned to define the next generation of AI-enabled logistics.”
Brian Jaffee, Partner at Thoma Bravo
“Today’s announcement is a significant milestone for us. By combining WWEX Group’s brands and our position as a leading provider of parcel and freight services with Auctane’s global ecosystem of e-commerce shipping software, we are creating a platform of tremendous potential. Our customers will benefit from deeper technology capabilities and the expanded resources of a combined company built to support their growth. We are grateful for the continued support of our investors and look forward to working with Thoma Bravo and Auctane to drive this next chapter of innovation.”
Tom Madine, CEO of WWEX Group
“Our mission has always been to enable our customers’ growth. By uniting Auctane’s intelligent shipping platform with WWEX Group’s parcel and freight service offerings and scale, we are creating the most powerful end-to-end logistics ecosystem in the market, one that will redefine what’s possible for modern shippers.”
Al Ko, CEO of Auctane
“We are thrilled to continue our journey with WWEX Group as part of this new, expanded platform. By uniting WWEX Group’s commercial engine with Auctane’s global software footprint, we are creating a logistics technology leader with the scale to innovate faster and serve customers more effectively than ever before.”
Aaron Dupuis, Managing Partner at CVC
