SilverBox Engaged Merger Corp I (SBEA) to Combine with Black Rifle Coffee Company

SilverBox Engaged I (NASDAQ:SBEA) has entered into a definitive agreement to combine with Black Rifle Coffee at an enterprise value of $1.7 billion, or 7.4x its 2021E revenue. Salt Lake City, Utah-based Black Rifle sells coffee and coffee products targeted at the active military and veteran community online while working to expand in brick-and-mortar segments.
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