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Evo Acquisition Corp. (EVOJ) to Combine with 20Cube Logistics in $338M Deal

Evo Acquisition Corp. (EVOJ) to Combine with 20Cube Logistics in $338M Deal

Evo Acquisition Corp. (NASDAQ:EVOJ) has entered into a definitive agreement to combine with logistics technology firm 20Cube at an enterprise value of $338 million, or 26.2x its 2022E adjusted EBITDA. Singapore-based 20Cube provides an end-to-end logistics software platform to deliver products from vendors to buyers along the supply chain primarily in major Asian markets. The
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