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New Deal


Announced

Completed

Perella Weinberg Partners went public via a SPAC merger with FinTech Acquisition IV in a $975m deal.

Financials

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Transaction Value£722m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales2x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Friendly

Acquisition

Domestic

Majority

Private Equity

Reverse Takeover

Single Bidder

Merger

financial brokerage services

United States

Venture Capital

De-SPAC

Completed

Synopsis

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Perella Weinberg Partners, a global independent advisory firm, went public via a SPAC merger with FinTech Acquisition IV, a special purpose acquisition company, in a $975m deal. Upon closing of the transaction, the combined company operated as Perella Weinberg Partners and was listed on NASDAQ under the new symbol “PWP.” “Today marks an important milestone in the ongoing growth and development of PWP’s global advisory platform. This latest step has been achieved through the exceptional efforts and dogged dedication of our entire team. We thank all of our clients, the FinTech IV team and all our stakeholders for their persistent belief in our mission. With our best-in-class team and premium global advisory brand, we are energized by the opportunity to deliver the very best strategic financial advice to our clients and drive long-term value for our shareholders," Peter Weinberg PWP CEO.

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