Northern Star Investment Corp. II (NSTB) to Combine with Apex Clearing Holdings in $4.7Bn Deal

apex-clearing

Northern Star Investment Corp. II (NSTB) to Combine with Apex Clearing Holdings in $4.7Bn Deal

Feb 22, 2021 INTEL by Matt Cianci

Northern Star Investment Corp II (NYSE:NSTB) has entered into a definitive agreement to combine with Apex Clearing Holdings, “the FinTech for FinTechs”, at an enterprise value of $4.662 billion, or 11.2x its 2023E Revenue. Apex’s fast, secure and reliable digital custody and clearing platform, Apex Clearing, is driving transformation of the financial services industry. Apex
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