Packlink joins Auctane’s family of global products, which help businesses streamline shipping and fulfillment to move products around the globe
Auctane, a leader in shipping and fulfillment software, which operates trusted brands like ShipStation, Stamps.com, ShipEngine, MetaPack, and Endicia, announced the addition of Packlink, a leading European shipping platform, to its portfolio of merchant solutions. With the acquisition, Packlink joins a suite of solutions tailored to provide shipping and fulfillment services to enterprises of every size.
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“We welcome Packlink employees, customers, and partners into the Auctane family,” said Nathan Jones, CEO of Auctane. “We’ve been following their growth and success for years and after our first conversation with the Packlink executive team, we knew we were perfectly aligned on the mission to help every merchant around the world be exceptionally efficient at fulfilling customer orders.”
With Packlink, Auctane is able to further serve the needs of European businesses. The accelerated growth of e-commerce over the last two years has created the need for online sellers to rapidly scale and optimize their delivery processes. Collectively, Auctane and Packlink’s web based shipping solutions are uniquely positioned to help businesses streamline their fulfillment operations, save money on shipping, and delight customers with fast and predictable delivery experiences.
“We are thrilled to join Auctane. As a world leader in providing great delivery experiences, Auctane shares our vision of facilitating online shipping around the world,” said Ben Askew-Renaut, Co-Founder and CEO of Packlink. “Together, we offer extraordinary global delivery capabilities to e-commerce partners and businesses who rely on us to power their businesses.”
J.P. Morgan Securities LLC acted as exclusive financial advisor to Auctane and Proskauer Rose LLP acted as its legal counsel, while Clipperton acted as exclusive financial advisor to Packlink’s shareholders and Callol, Coca & Asociados SLP as their legal counsel.
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