Nebula Caravel Acquisition Corp. (NEBC) to Combine with Rover in $1.35Bn Deal

Nebula Caravel (NASDAQ:NEBC) has entered into a definitive agreement to combine with Rover at an enterprise value of $1.35 billion or 6.7x its 2022E revenue. Rover connects consumers with local pet-sitters, walkers and groomers via an online marketplace and has thus far facilitated services between 500,000 pet care providers and 2 million pet owners. The
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