Thoma Bravo, a U.S. private equity firm, entered advanced talks to acquire WWEX Group, a U.S. logistics provider, for approximately $5 billion. The investment company is planning to combine the business with Auctane, a US shipping software developer, to build a $12 billion logistics technology platform. The companies are expected to announce the finalized transaction as soon as Tuesday.
Thoma Bravo nears $5B deal for WWEX Group to build a $12B logistics technology platform
Paul Drecksler is the founder and editor of Shopifreaks E-commerce Newsletter, covering the most important stories in e-commerce.
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