Supply chain software company E2open nearing SPAC IPO – Reuters (Pending:PCPL.U)

Reuters sources say E2open is nearing a deal to go public through a merger with CC Neuberger Principal Holdings I  (PCPL.U) at a more than $2.5B valuation, including debt.

The deal between the SPAC and Insight Partners-owned E2open could be announced as soon as tomorrow.

CC Neuberger I went public in April, raising $414M to buy a company in the finance, tech, or business services sectors.

E2open provides supply chain management software for a range of industries, including high-tech, consumer packaged goods, and pharmaceuticals.

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