Private equity firm Thoma Bravo has entered into an agreement to acquire third-party logistics provider WWEX Group, with plans to merge it with its existing portfolio company, Auctane.
Although financial terms were not disclosed, the deal is expected to close in the second quarter. The transaction will combine WWEX Group’s $5 billion freight brokerage platform with Auctane’s intelligent shipping software ecosystem, significantly expanding AI-enabled capabilities across the logistics lifecycle.
By integrating Auctane’s cloud-based software, carrier connectivity and automation tools with WWEX Group’s logistics expertise and commercial reach, the combined entity aims to create a seamless connection from e-commerce checkout to final-mile delivery. The platform will span parcel, LTL, truckload and global shipping.
WWEX Group’s portfolio includes Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics and BLX Logistics. Auctane’s brands include ShipStation, Stamps.com, Metapack and Packlink.
Current WWEX investors—including CVC Capital Partners, Providence Equity Partners, Ridgemont Equity Partners and PSG—will roll a portion of their equity into the new structure, retaining a minority stake.
WWEX Group CEO Tom Madine said the merger would deliver deeper technology capabilities and expanded resources to support customer growth, while Thoma Bravo partner Brian Jaffee described the combined company as uniquely positioned to define the next generation of AI-enabled logistics.
