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Sydney-founded parcel delivery startup Sendle, which ceased trading in February after a disastrous US merger unravelled in just five months, has been brought back to life under new ownership after McKenna Worldwide Services acquired the brand, domain names and trademarks from liquidators.
The 100 per cent Australian-owned logistics company, built on more than 40 years of Quantium Solutions heritage, relaunched the Sendle service today, debuting at the Online Retailer 2026 conference at ICC Sydney.
Quantium Solutions, an international e-commerce logistics provider owned entirely by Singapore's national postal service Singapore Post, operates in Australia under the dual branding of McKenna Worldwide and Quantium Solutions Australia.
McKenna Worldwide Services says the acquisition of Sendle brings the brand into a group whose history through Quantium Services includes joint ventures with TNT Worldwide, Royal Mail and Singapore Post, and investment from Alibaba.
The rescue comes six months after Sendle's parent company FAST Group resolved to wind down operations in January this year, bringing a sudden end to a platform that had raised more than $100 million in venture capital over its 12-year life and built a loyal following among Australian small businesses and e-commerce sellers.
Financial terms of the acquisition from liquidators have not been disclosed.
Sendle's collapse was triggered by the implosion of FAST Group, formed in August last year through a scrip-for-scrip merger between Sendle and US logistics operator ACI Logistix.
The deal was backed by Federation Asset Management, whose Federation Alternatives Investment Fund II had an estimated $23.8 million under management at October 2025 with 64 per cent of capital concentrated in FAST Group.
Within five months, the merged entity fell apart after what Federation described as "financial obligations that had been misrepresented" by ACI Logistix and "strained supplier relationships" that compromised the combined business.
Sendle's board suspended Australian deliveries in January this year and the company ceased trading the following month.
The failure wiped out years of growth that had included a $20 million Series B raise in 2018, a $19 million round in 2020 and a $45 million Series C in 2021, and left thousands of small-business customers scrambling for alternatives.
Andrew McKenna, country general manager ANZ at Quantium Solutions, says the relaunch is designed to carry forward the trust Sendle built with small businesses while underpinning the service with established logistics infrastructure.
“Now Sendle has the backing of a business that's been solving logistics problems in this region for more than 40 years," says McKenna.
"It's the same Sendle approach people trusted and valued, same but better, this time with the infrastructure to match, supported by a 40-year history of delivering across Australia and the world.”
McKenna Worldwide Services has positioned the relaunched Sendle as a continuation of the original platform's mission to provide affordable, accessible parcel delivery for small and medium-sized businesses.
Sendle, which was founded in Sydney in 2014 to support small businesses and sole traders, serviced clients across the US, Australia and Canada prior to the collapse of FAST Group earlier this year.
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