Navidar® Advises ShippingEasy in Its Sale to Stamps.com®
Navidar | July 7, 2016
AUSTIN, TX – Navidar® is pleased to announce that our client, ShippingEasy (the “Company”), has been acquired by Stamps.com® (Nasdaq: STMP), the leading provider of postage online and shipping software solutions to approximately 650,000 customers. Stamps.com purchased ShippingEasy for approximately $55 million in cash plus performance based inducement equity awards of up to 87,134 common shares and inducement stock option grants for an aggregrate of 62,000 shares of Stamps.com common stock.
ShippingEasy, headquartered in Austin, TX, is a leading web-based shipping software solution that allows online retailers and e-commerce merchants to organize, process, fulfill and ship their orders quickly and easily. ShippingEasy integrates with leading marketplaces, shopping carts, and e-commerce platforms to allow order fulfillment and tracking data to populate in real time across all systems.
“Navidar’s senior attention and active involvement in every phase of the process was instrumental in ensuring a successful outcome for our shareholders. Their creativity, continuous dedication, and customized approach to executing M&A processes is a refreshing and results-oriented approach. Navidar puts its clients’ interest first and clearly has a deep commitment to the Austin technology community,” said Katie May, CEO of ShippingEasy.
“ShippingEasy is yet another successful Austin technology start-up story that furthers our city’s reputation of creating high growth SaaS software companies with technology that is rich in features and differentiation. It has been a pleasure to work with the ShippingEasy team and we are honored to have advised the Company in this transaction,” said Stephen Day, Co-founder and Managing Director of Navidar.
Navidar, with presences in Austin, Cleveland, Denver, Indianapolis, Minneapolis and San Antonio, is an investment banking firm that provides businesses and investors in dynamic industries with strategic merger and acquisition advice, capital raising solutions and corporate advisory services. The firm focuses on technology, business services, specialty manufacturing, and health care information technology companies. Navidar principals have completed more than 300 transactions representing transaction volume of nearly $70 billion in M&A and capital raising, for both private and public companies, over the past 20 years. To learn more about Navidar, please visit