Special Purpose Acquisition Companies (SPACs)
EXPERT ADVICE ON SPACs
Solomon Partners’ SPAC Advisory services include counseling clients on transactions with Special Purpose Acquisition Companies (“SPACs”). Solomon Partners advises both companies seeking to become public via a merger with a SPAC, as well as SPACs themselves seeking quality private companies with whom to combine. The firm is actively advising more than two dozen clients in SPAC-related transactions across the firm’s seven industry sectors. Most recently, Solomon Partners served as the sole financial advisor to Bakkt on its $2.7 billion merger with VPC Impact, a SPAC sponsored by Victory Park Capital.
Solomon Partners has expertise in emerging SPAC structures, including contingent promotes, corporate carve-outs and spin-offs into SPACS, emerging market SPAC targets, global SPAC listings, corporate SPACs, multi-target SPAC transactions, and sponsor exits into SPACs, among others.
For private companies considering potential SPAC merger partners, Solomon Partners actively tracks and assesses the quality of SPAC sponsors, their track records of success and their underlying capital. This enables Solomon Partners to more efficiently find the right combination partner to enhance the likelihood of post-SPAC success.
For SPACs looking for ideal target companies, Solomon Partners leverages its deep industry connections to identify suitable and actionable merger candidates.
Solomon Partners SPAC services include:
- Advising on potential mergers with SPACs
- Advising SPACs on seeking potential targets
Served as financial advisor to ProSomnus on its merger with Lakeshore Acquisition I SPAC
Served as financial advisor providing a fairness opinion to the Board of CC Neuberger
Served as financial advisor to Boxed on its merger with Seven Oaks Acquisition Corp.
Serving as sole financial and capital markets advisor to Aries I Acquisition Corporation on its merger with Infinite Assets, Inc
Served as financial advisor to Pegasus Digital Mobility Acquisition Corp., a next-generation mobility sector-focused SPAC founded by Strategic Capital Fund Management, in its $200 million IPO
Served as sole financial advisor to StoicLane on its capital raise anchored by Oaktree Capital Management in conjunction with its acquisition of Interfirst Mortgage Company
GLOBAL EXPERTISE FROM OUR NATIXIS PARTNERSHIP
Today, Solomon Partners is an independently-run affiliate of Natixis, part of Groupe BPCE, a top ten European and top 20 global bank. Our partnership provides our clients with global coverage across the Americas, EMEA and APAC.