"As the e-commerce landscape continues to evolve, we look forward to partnering with Ken and his team to accelerate 's position as the leader in e-commerce shipping software solutions," said Holden Spaht, a Managing Partner at Thoma Bravo. I am so grateful to our employees for their hard work that has contributed to 's success, and I know this is only the beginning." "Leveraging Thoma Bravo's extensive software and operational expertise, we seek to build on our best-in-class software and technology solutions to provide an even better experience for our customers. "The closing of this transaction marks the next phase of 's growth journey and we are thrilled about the opportunities ahead to continue driving our global strategy to capture the expanding e-commerce shipping market and extend our position as the leading global multi-carrier e-commerce shipping software company," said Ken McBride, Chairman and CEO of. common stock has ceased trading on, and will be de-listed from, the NASDAQ Global Select Market. The acquisition was previously announced on July 9, 2021, and 's stockholders approved the transaction on September 30, 2021.Īt completion of the acquisition, stockholders were entitled to receive $330.00 in cash for each share of common stock they owned.
and SAN FRANCISCO -Thoma Bravo, a leading software investment firm, and, a leading provider of e-commerce shipping solutions, today announced the completion of Thoma Bravo's acquisition of for approximately $6.6 billion in cash.
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