Legato Merger Corp. II (LGTO) to Combine with Southland Holdings in $810M Deal

Legato II (NASDAQ:LGTO) has entered into a definitive agreement to combine with construction firm Southland at an enterprise value of $810 million, or 6.2x its 2022E EBITDA. Grapevine, Texas-based Southland provides construction services focused on large infrastructure projects out of offices in 18 US states and Canadian provinces. The combined company is expected to trade
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