Atlantic Coastal Acquisition Corporation (ACAH) to Combine with Essentium

Atlantic Coastal (NASDAQ:ACAH) has entered into a definitive agreement to combine with additive manufacturing firm Essentium at an enterprise value of $974 million, or 4.6x its 2023E revenue. College Station, Texas-based Essentium provides machines that can remotely print tools and parts for the defense sector as well as a variety of civilian clients. The combined
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