Connect with us

Business

Thoma Bravo nears deal for WWEX to create $12 billion shipping tech firm, Bloomberg News reports

Avatar

Published

on

By Reuters | Updated: March 03, 2026

March 2 (Reuters) – U.S. private ​equity firm Thoma Bravo ‌is in advanced talks to buy third-party logistics provider ​WWEX Group to create ​a shipping technology business worth ⁠as much as $12 billion, ​Bloomberg News reported on ​Monday, citing people familiar with the matter.

The buyout would value WWEX roughly ​at $5 billion, and could ​be announced as soon as Tuesday, ‌the ⁠report added.

Software-focused Thoma Bravo plans to combine WWEX with Auctane, an e-commerce shipping ​software ​provider in its ⁠portfolio, according to Bloomberg.

Thoma Bravo did not immediately ​respond to a Reuters’ request for ​comment. ⁠WWEX, which includes the Worldwide Express brand, declined ⁠to ​comment.

Reporting by Carlos ​Méndez in Mexico City; Editing by ​Sumana Nandy and Sherry Jacob-Phillips

© Thomson Reuters 2026

Continue Reading
Advertisement
Click to comment

Leave a Reply

Your email address will not be published. Required fields are marked *