InterPrivate III Financial Partners (IPVF) to Combine with Aspiration in $1.9Bn Deal

InterPrivate III (NYSE:IPVF) has entered into a definitive agreement to combine with ESG-focused financial services firm Aspiration at an enterprise value of $1.9 billion, or 7.7x its 2022E revenue. Marina del Rey, California-based Aspiration provides a fintech platform allowing consumer and business customers to make and track sustainability impacts with their payments activity. The combined
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