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Auctane Acquires Leading European Shipping Platform Packlink

Dec 23, 2021almost 4 years ago

Acquiring Company

Auctane

Acquired Company

Packlink

Austininformation technology & servicesSoftwareConsumer GoodsSoftwareCommerce And Shopping

Description

Packlink joins Auctane’s family of global products, which help businesses streamline shipping and fulfillment to move products around the globe

Company Information

Company

Auctane

Location

4301 Bull Creek Rd

Austin, Texas, United States

About

Auctane is a team of shipping and software experts with a passion for helping merchants move their ideas, dreams, and innovations around the globe. From turnkey integrations to custom-built solutions, our ecosystem of brands provides a powerful toolbox of software solutions for every aspect of sending and receiving.

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M&A Insights

Based on deal data
Integration timeline
70% of M&A integrations take 12-24 months to complete
Tech stack consolidation
83% of merged companies consolidate technology vendors within first year
Post-acquisition investment
Companies increase IT spending by 23% on average after acquisitions
Success factor
M&A deals with strong technology integration plans are 2.5x more likely to succeed