Global-E To Acquire Borderfree Cross-Border Ecommerce Service From Pitney Bowes
Acquiring Company
Global-E Online Ltd
Acquired Company
Service
TempeCommerce and ShoppingSoftwareCommerce And ShoppingInternet ServicesE CommerceFashionRetailDescription
Global-e (NASDAQ: GLBE) (“Global-e” or the “Company”), the world’s leading cross-border end-to-end platform for brands and retailers, today announced that it has entered into a definitive agreement with Pitney Bowes (NYSE: PBI) to acquire the global shipping and mailing company’s Borderfree cross-border ecommerce solutions business. Borderfree helps retailers enter new global markets by localizing their domestic website in 200+ countries and territories, simplifying compliance and regulations processing.
Quick answer
Global-E Online Ltd is acquiring Service, announced June 21, 2022.
- How much did Global-E Online Ltd pay for Service?
- The deal value was not disclosed.
- What does Global-E Online Ltd do?
- Global-E Online Ltd. is an e-commerce service provider specializing in cross-border transactions for retailers.
- Where are Global-E Online Ltd and Service based?
- Service is based in Tempe, Arizona, United States.
- Who are the decision-makers at Global-E Online Ltd?
- Fundz holds 1 contact at Global-E Online Ltd. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- El Car Wash Announces Acquisition By Warburg Pincus (July 18, 2022)
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Who to call at Global-E Online Ltd, and when
When Global-E Online Ltd changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Global-E Online Ltd raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Frequently asked
Who acquired Service?
Service was acquired by Global-E Online Ltd. The deal was reported on June 21, 2022. Global-E Online Ltd. is an e-commerce service provider specializing in cross-border transactions for retailers. The company enables brands to expand their markets by offering solutions for international e-commerce. Global-E Online Ltd is publicly traded (GLBE) and operates in Commerce and Shopping.
When did Global-E Online Ltd acquire Service?
Global-E Online Ltd's acquisition of Service was reported on June 21, 2022. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Service do?
Service & Sales, Inc. is a precision manufacturer founded in 1970 that specializes in hydraulic tube bending, precision machining, welding, and assembly. It serves aerospace and defense customers, including leading defense prime contractors. It is privately held, and is based in Tempe.
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