“We’ve been tracking the impressive growth of for many years and are excited to partner with the team to support the Company in continuing to drive cutting edge product innovation, expansion into new markets, and delivery of an even greater level of service and support to its impressive customer base,” said Brian Jaffee, a Principal at Thoma Bravo.
#Stamps com inc software
“With a highly-seasoned management team that has driven impressive growth for more than twenty years, an innovative suite of market-leading software solutions, and a large and growing customer base, is well positioned to capitalize on the strong secular tailwinds in e-commerce and we are excited to support the Company in its next chapter of growth.” “As the first company to introduce online postage and an early innovator in e-commerce shipping software, has established itself as a key technology solution in worldwide e-commerce,” said Holden Spaht, a Managing Partner at Thoma Bravo. This transaction is a testament to the excellence and hard work of all of our employees and their relentless dedication to our customers and partners throughout the world.” “With the financial and operational support of Thoma Bravo, can continue to innovate and pursue growth opportunities to capture the expanding e-commerce shipping market and extend our position as the leading global multi-carrier e-commerce shipping software company. “Today’s announcement marks a significant milestone in the history of and will provide us with a new and exciting platform from which we can continue to execute our global strategy driven by best-in-class software and technology solutions,” said Ken McBride, ’s Chairman and CEO. Additionally, will benefit from the operating capabilities, capital support and deep sector expertise of Thoma Bravo – one of the most experienced and successful software and technology investors in the world. Upon completion of the transaction, will become a private company with the flexibility and resources to continue to provide best-in-class global e-commerce technology solutions.
The premium is 71 percent over the Company’s three-month volume-weighted average closing share price through July 8, 2021.
#Stamps com inc full
Under the terms of the agreement, stockholders will receive $330.00 per share in cash representing a premium of 67 percent over the Company’s closing share price on July 8, 2021, the last full trading day prior to the transaction announcement. & SAN FRANCISCO-( BUSINESS WIRE)® (NASDAQ: STMP) (the “Company”), a leading provider of e-commerce shipping solutions, today announced that it has entered into a definitive agreement to be acquired by Thoma Bravo, a leading software investment firm, in an all-cash transaction that values at approximately $6.6 billion.
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