London — Mayer Brown's Private Equity team has advised MetaPack Ltd, the UK-based e-commerce delivery platform, on its £175 million sale to Stamps.com, a leading provider of postage online and shipping software solutions.
MetaPack's customers include many of the world's leading e-commerce retailers and brands. It has a significant business in Europe providing its customers with access to the world's largest carrier library with support for over 450 parcel carriers that operate in more than 200 countries. Last year, the MetaPack platform processed over 550 million parcel shipments.
Following the sale MetaPack will operate as a wholly owned subsidiary.
The Mayer Brown team advising MetaPack was led by co-leader of the global Corporate & Securities practice Perry Yam. The team included Corporate & Securities partner Rebecca Bothamley, associates Katrina Murphy and Stefania Alessi; and Tax partner James Hill.