Stamps.com plans to acquire UK-based Metapack, adding SaaS-based, multi-carrier management software to its online postage solution, expanding its global footprint and giving it more of an enterprise focus. The $230 million deal is expected to close in August.
ThreeSixty Group, a leading provider of branded consumer products to major retailers, has acquired FAO Schwarz from Toys ‘R Us. Terms were not disclosed. See what plans it has for the iconic toy company’s assets.
Business Intelligence Group, LLC, of Southlake, Texas, has announced the acquisition of KFS, Inc., of Fort Worth, TX, a non-asset based logistics company.
Stamps.com announced plans to acquire ShippingEasy, an Austin, TX-based provider of multi-carrier shipping software, for $55 million. This is in addition to its acquisition of Endicia, ShipStation and ShipWorks over the past couple of years.
A federal court judge has ruled in favor of the Federal Trade Commission’s decision to block the proposed Staples-Office Depot merger, upholding the FTC’s December lawsuit which claimed the resulting monopolistic company would harm consumers by adversely affecting office supply prices.
Amazon is reportedly considering an acquisition of Office Depot’s corporate business assets to jumpstart its Amazon Business office supply operation. The deal is contingent on FTC approval of the Office Depot-Staples merger, which it has opposed to date, but may be close to signing off on.
UPS will acquire Coyote Logistics, a technology-driven, non-asset based truckload freight brokerage company, for $1.8 billion from Warburg Pincus.
UPS Capital has acquired the Insured Parcel Services (IPS) of G4S International Logistics, pushing further into the luxury goods market.
Supply chain management solutions provider HighJump acquired cloud-based ecommerce platform firm Nexternal; HighJump merged with competitor Acellos in 2014.
UPS announced today it has acquired U.S.-based global ecommerce enabler and logistics company i-parcel for an undisclosed sum. The acquisition complements UPS’s international cross-border logistics capabilities from the U.S. and U.K., now extending to more than 100 countries.