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Provident Acquisition Corp. (PAQC) to Combine with Perfect Corp. in $1Bn Deal

Provident Acquisition Corp. (PAQC) to Combine with Perfect Corp. in $1Bn Deal

Provident (NASDAQ:PAQC) has entered into a definitive agreement to combine with beauty tech brand Perfect Corp. at an enterprise value of $1.02 billion, or 16.9x its 2022E revenue. Perfect provides augmented reality solutions to allow consumers to virtually try on clothing and cosmetics before buying. The combined company is expected to trade on the Nasdaq
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