Transaction

Clearwater advises the owners of Webshipper on the sale to nShift

Transaction

Webshipper sold to nShift a portfolio company of Marlin Equity Partners and Francisco Partners

Sell-side

Undisclosed

Role

Adviser to Webshipper on the sale to nShift

Sector

Tech & Tech Services

Region

Denmark

Clearwater has advised leading e-commerce shipping platform provider Webshipper, VækstPartner Kapital, and the remaining shareholders on the sale to nShift, a global provider of cloud delivery management solutions backed by the leading technology investors Marlin Equity and Francisco Partners.

Established in 2014, Webshipper is a leading provider of a cloud-based SaaS platform within delivery management solutions primarily for the rapidly growing e-commerce space. The platform connects and integrates an extensive library of ERP, e-commerce, and WMS software to over 50 carriers. This significantly simplifies costumers’ order flows and reduce tedious manual tasks for businesses.

In 2019, the company received a double-digit million injection from the private equity fund Vækstpartner Kapital and has gone from 10 to 40 employees in the intervening two years. Over the years, Webshipper has achieved impressive growth rates partly through winning larger customer accounts, growing its engagement with the existing customer base and successfully attracting third-party logistics partners. As such, the Company’s platform is now used for more than 1.5 million packages each month.

nShift is a global software group within delivery management solutions that has emerged through the merger of Unifaun, Consignor and Returnado. By integrating Webshipper’s user-friendly interface, advanced back-end technology, and prominent support model Webshipper will further advance nShift’s capabilities as a global leader in cloud delivery management.

Webshipper billede

We have gone through a relatively long strategic process with the aim to find the best strategic buyer for Webshipper. In that process we needed help to get the best overview and presentation of our company. The Clearwater team has taken care of that well – and especially analyzing our many data and giving them meaning. Clearwater has facilitated a stringent process with everyone knowing what was going on – including during the negotiation itself. I have large expectations for the cooperation with nShift. Together we are making Europe’s leading delivery platform and of course I am looking very much forward to that, to learn a lot an getting more muscles behind Webshipper.

Thomas Andersen, Founder and CEO
Webshipper billede

In a rapidly evolving market, Webshipper stands out thanks to its fantastic team, who are committed to deliver exceptional software to the clients. A business like Webshipper which delivers market-leading e-commerce enablement in shipping management with an ARR growth of more than 80 % YoY is always going to be an attractive asset and we are delighted to have supported Webshipper finding the perfect home in nShift.

Per Surland, Partner, Clearwater

Advisers

Transactions