WWEX Group, Auctane complete merger to form ShipStation Global logistics platform

WWEX Group and Auctane say they have completed their merger, forming a combined company that will operate as ShipStation Global and is backed by private equity firm Thoma Bravo.

The new company brings together WWEX Group’s freight brokerage network and Auctane’s shipping software portfolio, combining logistics services with AI-enabled automation and global carrier connectivity.

“Small and mid-sized businesses have been forced to stitch together multiple tools and relationships just to keep up,” said Tom Madine, CEO of ShipStation Global. “ShipStation Global changes that. We’re combining the best AI-powered shipping software in the market with one of the country’s most powerful freight networks — and we’re building it specifically for the businesses that need it most. Today is the start of something that’s been a long time coming.”

The companies say the platform will serve more than three million customers and handle over three billion shipments annually, supported by a network of carriers and logistics partners spanning parcel, less-than-truckload and truckload shipping.

“The combination of Auctane and WWEX Group comes at a pivotal moment, as AI fundamentally changes the way organizations are able to manage their shipping and logistics operations,” said Brian Jaffee, partner at Thoma Bravo. “ShipStation Global brings together AI-powered shipping software and best-in-class freight and parcel services in a way that gives businesses of every size the tools and scale to compete. We are excited to support the ShipStation Global team as they build the category-defining, intelligent platform for modern logistics.”

“We are thrilled to continue our journey with WWEX Group as part of this new, expanded platform,” said Aaron Dupuis, managing partner at CVC. “By uniting WWEX Group’s commercial engine with Auctane’s global software footprint, we are creating a company with the reach, technology and talent to deliver real results for customers — and we look forward to supporting ShipStation Global’s next chapter of growth.”

ShipStation Global’s portfolio includes ShipStation, Stamps.com, Metapack, Packlink, Worldwide Express, GlobalTranz, Unishippers, JEAR Logistics and BLX Logistics.