Yes, it will bolt up but it is not a simple conversion. They use a different pump/driveshaft but can be converted with some machining.
It would be way easier and cheaper to swap in a 260. Most people doing the 4tec to ACE conversion are swapping the 300. Haven't seen anyone do a 230, probably because it is way too much work when it would be simple to do a 215 or 260.