WiseTech Global Acquiring NYSE-Listed E2open Parent Holdings in $2.1 Billion Deal

MT Newswires Live
05/26

WiseTech Global (ASX:WTC) entered into a binding agreement to acquire US-based E2open Parent Holdings for $3.30 per share in cash, or an enterprise value of $2.1 billion, according to a Monday Australian bourse filing.

The acquisition will be fully debt-funded from a fully underwritten debt facility totaling $3 billion and is subject to several conditions, the filing said.

Certain shareholders of the New York Stock Exchange-listed supply chain software platform provider, representing over 50% of its outstanding voting shares, provided written consent approving the merger, such that no further e2open shareholder approval is required.

The facility is structured as a syndicated debt facility comprising multiple tranches with staggered maturities of up to five years. The lender group comprises a well-diversified mix of leading domestic and international banks.

The post-transaction liquidity for the combined business is expected to be around $700 million, from cash on hand as well as an undrawn revolving credit facility.

The deal will add a complementary product suite that extends WiseTech's logistics execution software CargoWise's ecosystem, particularly in the areas of domestic logistics, carrier integration, global trade, and supply chain management.

The deal will be executed via a merger agreement. The acquisition is expected to close in the first half of 2026.

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