CF Acquisition Corp. VIII (CFFE) to Combine with Exela Technologies Europe in $220M Deal

Oct 10, 2022 Deal Announcements & Amendments, Headline Post by Nicholas Alan Clayton

CF Acquisition Corp. VIII (NASDAQ:CFFE) has entered into a definitive agreement to combine with the European branch of B2B software firm Exela (NASDAQ:XELA) at an enterprise value of $220M, or 1.06x its 2021 revenue. Irving Texas-based Exela provides bill-payment and business process automation software to large and small enterprises. The combined company is to be
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ByNicholas Alan Clayton

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