"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," CEO Ken McBride said in a press release. The merger was notified at the Federal Competition Authority. Following the acquisition, will acquire sole control over Packlink Shipping S.L. Get the latest business insights from Dun & Bradstreet. intends to acquire Packlink Shipping S.L. Item 2(b) Address of Principal Business Office or, if none, residence: 100 Vanguard Blvd. Item 2(a) - Name of Person Filing: The Vanguard Group - 23-1945930. Now, is seeking to partner with Thoma Bravo in order to bolster its technological expertise and access to expansion capital. Find company research, competitor information, contact details & financial data for Inc. Item 1(b) - Address of Issuers Principal Executive Offices: 1990 E. It's benefited from the torrid growth of e-commerce in recent years, due in part to its partnerships with rapidly expanding companies like Shopify. 's software helps businesses more efficiently run their shipping operations. Chairman & CEO of Inc (30-Year Financial, Insider Trades) Kenneth Thomas Mcbride (insider trades) sold 2,637 shares of STMP on at an average price of 205.45 a share. log into your account, and start saving time and money with every. After installation is complete, open Software. The Installation Wizard will open to walk you through each step of the installation process. Still, the transaction is expected to close in the third quarter, subject to regulatory and shareholder approval. Click Yes to allow changes to be made to your computer. The deal gives 's board of directors a 40-day period to shop for a better offer. The software maker earned 189.10 million during the quarter, compared to analysts expectations of 190.07 million.
In July 2021, Thoma Bravo acquired the shipping software conglomerate in a 6.6 billion private equity deal, and replaced CEO Ken McBride shortly thereafter. During the second year of the COVID-19 pandemic, has been busy. STMP as the Bull of the Day, Beyond Meat, Inc. The software maker reported 2.08 earnings per share for the quarter, beating the consensus estimate of 1.69 by 0.39. is now Auctane, taking on the name of one of the conglomerates many subsidiaries. For Immediate ReleaseChicago, IL Ap Zacks Equity Research Shares of Inc. Thoma Bravo hopes to make its latest acquisition. (NASDAQ:STMP) released its quarterly earnings results on Thursday, May, 6th. Kara Technology (Kara) appeals from the final judgment of the United States District Court for the Central District of California, following a jury trial, that did not infringe various claims of U.S.
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