Pioneer Merger Corp. (PACX) to Combine with Acorns in $1.6Bn Deal
Pioneer Merger Corp. (PACX) has entered into a definitive agreement to combine with subscription-based financial wellness company Acorns at an enterprise value of $1.603 billion, or 12.7x 2021E revenues. The Irvine, California-based company is the largest subscription service in US consumer finance and its customers have the ability to invest in one of nine portfoliosRead More