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New Deal


Announced

Completed

CC Neuberger Principal Holdings I completed the merger with E2open in a $2.6bn deal.

Financials

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Transaction Value£1,976m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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software development

Private Equity

Private

Reverse Takeover

United States

Domestic

Single Bidder

supply chain solutions

Acquisition

Software

Friendly

Majority

Completed

De-SPAC

Synopsis

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CC Neuberger Principal Holdings I, a publicly traded special purpose acquisition company, completed the merger with E2open, a network-based provider of 100% cloud-based, end-to-end supply chain management software, in a $2.6bn deal. "We think that E2open is an exceptional business poised to accelerate growth and deepen its penetration of significant whitespace opportunities with existing and new customers. E2open's mission-critical software solutions have created a recession-resilient business model that has not only performed well throughout the global pandemic, but is also uniquely positioned to benefit from increased demand for supply chain management solutions," Charles Kantor, Neuberger Berman Managing Director and Senior Portfolio Manager.

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