The transaction will combine the logistics provider, which operates the Worldwide Express brand, with Auctane, a shipping software platform formerly known as Stamps.com. The combined company is expected to be valued at approximately $11.6bn. Blackstone served as the largest lender in the financing while Ares acted as administrative agent. A total of 33 lenders participated in the transaction, including Blue Owl Capital, Oaktree Capital Management, HPS Investment Partners, 26North, and Goldman Sachs. Subscribe to our Newsletter to increase your edge. Don't worry about the news anymore, through our newsletter you'll receive weekly access to what is happening. Join 120,000 other PE professionals today.
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