financetom
Business
financetom
/
Business
/
Canyon Partners Acts as Lead Arranger in the $4.8 Billion Unitranche Financing for Thoma Bravo's Merger of Auctane and WWEX Group
News World Market Environment Technology Personal Finance Politics Retail Business Economy Cryptocurrency Forex Stocks Market Commodities
Canyon Partners Acts as Lead Arranger in the $4.8 Billion Unitranche Financing for Thoma Bravo's Merger of Auctane and WWEX Group
Mar 25, 2026 5:46 AM

DALLAS, March 25, 2026 /PRNewswire/ -- Canyon Partners, LLC ("Canyon"), a $30 billion global alternative investment manager, today announced that it is acting as lead arranger for the $4.8 billion unitranche financing supporting Thoma Bravo owned Auctane's merger with WWEX Group.

Auctane is a global leader in shipping and logistics technology, supporting e-commerce and small business growth internationally. WWEX Group is a major freight and parcel brokerage company across key modalities. The combined company will create a scaled, end-to-end logistics powerhouse, serving a broad base of digital-first customers with enhanced capabilities.

The financing will enable Thoma Bravo to accelerate the growth of the combined company, leveraging sector expertise to capture operational synergies and invest in innovation across the e-commerce ecosystem.

"The rapid digital transformation of the global economy is creating enormous opportunity, seen in the strong secular tailwinds supporting the innovation and expansion of e-commerce and technology-enabled logistics," said Davide Amico, Partner and Co-Head of Private Credit at Canyon. "The merging of Auctane and WWEX Group positions the combined platform for strategic growth, and we are thrilled to partner with Thoma Bravo to support this exciting next phase."

"Auctane and WWEX Group are at the forefront of enabling e-commerce success stories for a wide range of businesses – from entrepreneurs to multinational brands," said Maximilian Lichtenheld, Managing Director at Canyon. "With Thoma Bravo's exceptional operational expertise and track record in technology investing, we are excited to support this partnership as it reflects our continued focus on providing flexible capital solutions to market-leading companies backed by high-quality sponsors."

"We are excited about the next phase of Auctane's growth with its merger with WWEX Group and have strong conviction in the company's long-term growth trajectory as a strong logistics partner for its clients and all stakeholders," said Matt Gilbert, Managing Director, Capital Markets at Thoma Bravo. "Canyon has been a great financing partner throughout this process — their deep credit expertise, professionalism, and collaborative approach made them an ideal partner for this transaction, and we look forward to continuing to work together."

About Canyon Partners, LLC

Founded in 1990, Canyon employs a deep value, credit intensive approach across public and private corporate credit, asset-backed credit, and real estate. The firm seeks to capture excess returns available to those investors with specialized expertise, rigorous research capabilities, and the ability to underwrite complexity. Canyon invests on behalf of a broad range of institutions globally. For more information visit www.canyonpartners.com.

Media Contact

Kris Cole

Prosek Partners

[email protected]

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/canyon-partners-acts-as-lead-arranger-in-the-4-8-billion-unitranche-financing-for-thoma-bravos-merger-of-auctane-and-wwex-group-302724139.html

SOURCE Canyon Partners, LLC

Comments
Welcome to financetom comments! Please keep conversations courteous and on-topic. To fosterproductive and respectful conversations, you may see comments from our Community Managers.
Sign up to post
Sort by
Show More Comments
Related Articles >
LifeMD Acquires Optimal Human Health MD Assets
LifeMD Acquires Optimal Human Health MD Assets
May 25, 2025
09:03 AM EDT, 04/28/2025 (MT Newswires) -- LifeMD ( LFMD ) said Monday it has acquired key assets from Optimal Human Health MD, a virtual health care provider for women. Financial terms were not disclosed. LifeMD ( LFMD ) said the acquisition marks its entry into the women's health market with the offering expected to launch on its platform this...
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Google agrees $36 million fine for anti-competitive deals with Australia telcos
Aug 17, 2025
SYDNEY, Aug 18 (Reuters) - Google agreed on Monday to pay a A$55 million ($35.8 million) fine in Australia after the consumer watchdog found it had hurt competition by paying the country's two largest telcos to pre-install its search application on Android phones, excluding rival search engines. The fine extends a bumpy period for the Alphabet-owned internet giant in Australia,...
Sabre to sell hospitality solutions unit to TPG for $1.1 billion
Sabre to sell hospitality solutions unit to TPG for $1.1 billion
May 25, 2025
April 28 (Reuters) - Travel technology provider Sabre Corp ( SABR ) said on Monday it will sell its hospitality solutions business to asset manager TPG for $1.1 billion in cash. Sabre's shares rose 14% in premarket trading. (Reporting by Aatreyee Dasgupta in Bengaluru) ...
Cisco Systems, ServiceNow Expand Partnership to Boost Secure AI Adoption
Cisco Systems, ServiceNow Expand Partnership to Boost Secure AI Adoption
May 25, 2025
09:03 AM EDT, 04/28/2025 (MT Newswires) -- Cisco Systems ( CSCO ) and ServiceNow ( NOW ) said Monday that they are expanding their partnership to help businesses securely adopt and scale AI by integrating Cisco's ( CSCO ) infrastructure and security platforms with ServiceNow's ( NOW ) AI-driven and security solutions. The companies said the collaboration will provide customers...
Copyright 2023-2026 - www.financetom.com All Rights Reserved