M&A Deal Summary

Auctane Acquires Endicia

On November 19, 2015, Auctane acquired e-commerce company Endicia from Newell Brands for 215M USD

Acquisition Highlights
  • This is Auctane’s 1st transaction in the E-Commerce sector.
  • This is Auctane’s 2nd largest (disclosed) transaction.
  • This is Auctane’s 4th transaction in the United States.
  • This is Auctane’s 1st transaction in California.

M&A Deal Summary
Date 2015-11-19
Target Endicia
Sector E-Commerce
Buyer(s) Auctane
Sellers(s) Newell Brands
Deal Type Divestiture
Deal Value 215M USD
Advisor(s) Robert W. Baird & Co., Inc. (Financial)

Target

Endicia

Palo Alto, California, United States
Endicia is a provider of e-commerce shipping technologies and services, offers solutions that help businesses, small and large, run their operations more smoothly and function more successfully. Endicia also provides seamless access to U.S. Postal Service shipping services through integration with more than 200 partner applications.

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Buyer(S) 1

Buyer

Auctane

Austin, Texas, United States
Category Company
Founded 1996
Sector Internet Software and Services
Revenue 758M USD (2020)
DESCRIPTION

Auctane is a provider of Internet-based mailing and shipping solutions. From same-day delivery and intuitive shipping software to a network of 3PL providers — and everything in between — Auctane’s suite of technology solutions solves a variety logistic challenges. Auctane was formerly known as Stamps.com and changed its name in 2021. Auctane is based in Austin, Texas.

DEAL STATS #
Overall 4 of 7
Sector (E-Commerce) 1 of 1
Type (Divestiture) 1 of 1
State (California) 1 of 1
Country (United States) 4 of 5
Year (2015) 1 of 1
Size (of disclosed) 2 of 4
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-20 ShipWorks

St. Louis, Missouri, United States

ShipWorks is a client-based shipping software solution that allows online retailers and e-commerce merchants to organize, process, fulfill and ship their orders quickly and easily.

Buy $22M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-20 ShippingEasy

Austin, Texas, United States

ShippingEasy, Inc. is an Austin, Texas based company that offers web-based multi-carrier shipping software that allows online retailers and e-commerce merchants to organize, process, fulfill and ship their orders quickly and easily. ShippingEasy integrates with major marketplaces, shopping carts, and e-commerce platforms to allow order fulfillment and tracking data to populate in real time across all systems. The ShippingEasy software downloads orders from all selling channels and automatically maps custom shipping preferences, rates and delivery options across all supported carriers.

Buy -

Seller(S) 1

SELLER

Newell Brands

Atlanta, Georgia, United States
Category Company
Founded 1903
Sector Consumer Products
Employees24,600
Revenue 8.1B USD (2023)
DESCRIPTION
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.
Entrance to Newell Brands' corporate headquarters in Atlanta, Georgia.

Newell Brands is a marketer of consumer and commercial products. The Company's portfolio of leading brands include Rubbermaid, Sharpie, Graco, Calphalon, Irwin, Lenox, Levolor, Paper Mate, Dymo, Waterman, Parker, Goody, Rubbermaid Commercial Products and Aprica. Newell Brands was formerly known as Newell Rubbermaid. Newell Brands was founded in 1903 and is based in Atlanta, Georgia.

DEAL STATS #
Overall 11 of 21
Sector (E-Commerce) 1 of 1
Type (Divestiture) 10 of 20
State (California) 1 of 1
Country (United States) 10 of 20
Year (2015) 2 of 2
Size (of disclosed) 9 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-22 Elmer s Products

Columbus, Ohio, United States

Elmer's Products, Inc. is a provider of activity-based adhesive and cutting products that inspire creativity in the classroom, at home, in the office, in the workshop and at the craft table.

Buy $600M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-12-14 Jarden

Boca Raton, Florida, United States

Jarden Corp. is a provider of a diverse range of consumer products with a portfolio of over 120 trusted, quality brands sold globally.

Buy $15.4B
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