Empower Ltd. (EMPW) to Combine with Holley in $1.64Bn Deal

Empower Ltd. (NYSE: EMPW) announced this morning that it will combine with auto-systems company Holley at a proforma enterprise value of $1.64 billion, or 10.3x 2021 EBITDA. Founded more than 115 years ago, Bowling Green KY based Holley makes and sells parts, including fuel-injection systems, carburetors, engine products and exhaust systems, for high-performance cars. It
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