G Squared Ascend I (GSQD) to Combine with Transfix in $1.1Bn Deal

G Squared Ascend I (GSQD) to Combine with Transfix in $1.1Bn Deal

G Squared Ascend I (NYSE:GSQD) has entered into a definitive agreement to combine with digital freight platform Transfix at an enterprise value of $1.054 billion, or 3.8x its 2021E revenue. New York City-based Transfix provides a B2B platform helping freight shippers and carriers more efficiently manage, price and track their loads. The combined company is
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