Announced
Completed
Synopsis
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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