(Stamps.com) Software investment firm Thoma Bravo is set to acquire Stamps.com in an all-cash transaction of $6.6 billion.
Stamps.com stockholders are set to receive $330 per share in the deal, a 67% premium over the closing price on July 8, 2021.
After the transaction closure, Stamps.com will become a private company, with the flexibility to provide cutting-edge e-commerce technology solutions.
Stamps.com is expected to benefit from capital support, operating capabilities, and sector expertise of Thoma Bravo.
STMP: NASDAQ is up +64.50% on premarket.