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Mythbusting SPACs for Private Equity Sponsors

Not just a short term fad in response to COVID, it is becoming increasingly clear that SPACs, in one form or another, are back to stay for a while.  

Recognizing this trend, more and more of my private equity clients are calling looking for additional background on SPACs - either looking to test the waters on sponsoring a SPAC of their own, or considering an exit opportunity for a portfolio company.  As several of my colleagues discuss in this excellent and timely podcast, SPACs are complicated beasts, but ultimately opportunities exist for positive outcomes for sponsor and target alike.  Give this a listen for more on redemptions, PIPEs, and other tricks of the trade for private equity deal makers as you navigate your next SPAC process.  

Listen to them bust the following most common myths about SPACs: 1. SPAC is a four-letter word. 2. SPACs are the same as IPOs. 3. SPACs are faster and cheaper than traditional IPOs. 4. SPACs only enrich sponsors at the expense of others.