Highland Transcend Partners I Corp. (HTPA) to Combine with Packable in $1.55Bn Deal

Highland Transcend I (NYSE:HTPA) has entered into a definitive agreement to combine with ecommerce service provider Packable at an enterprise value of $1.55 billion, or 2.2x its 2022E revenue. Hauppauge, New York-based Packable operates the ecommerce platform Pharmapacks and serves consumer brands in managing their own ecommerce optimization and fulfillment in other marketplaces. The combined
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