M3-Brigade Acquisition II Corp. (MBAC) to Combine with Syniverse in $2.8Bn Deal

M3-Brigade II (NYSE:MBAC) has entered into a definitive agreement to combine with telecom tech company Syniverse at an enterprise value of $2.85 billion, or 12.1x its 2022E EBITDA. Tampa, Florida-based Syniverse provides telecom device connectivity and services to both phone carriers and enterprise clients seeking to set up internal networks. The combined company is expected
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