Pathfinder Acquisition Corporation (PFDR) to Combine with ServiceMax in $1.4Bn Deal

Pathfinder (NASDAQ:PFDR) has entered into a definitive agreement to combine with enterprise software firm ServiceMax at an enterprise value of $1.43 billion, or 9.2x its 2023E revenue. Peasanton, California-based ServiceMax provides cloud-based asset management and operational tools to industrial clients through a software-as-a-service model. The combined company is expected to trade on the NASDAQ under
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