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New Deal


Announced

Completed

Liberty Tax and LoanMe went public via a SPAC merger with NextPoint Acquisition in a $354m deal.

Financials

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Transaction Value£252m
Consideration TypeCash, Ordinary Shares
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Reverse Takeover

United States

Acquisition

Majority

Friendly

Diversified Financials

Private

Single Bidder

Cross Border

financial solutions

De-SPAC

Completed

Synopsis

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Liberty Tax, a nationwide tax return preparation and related services firm, and LoanMe, a tech-enabled consumer and small business lender, went public via a SPAC merger with NextPoint Acquisition, a publicly traded special purpose acquisition corporation, in a $354m deal. "In just over a year from establishing this SPAC, we have closed two acquisitions that immediately create a financial services company with scale and opportunities for synergistic growth. With a management team and board comprised of proven executives and operators across the financial services, digital and retail sectors, we have very quickly created an organization that is set to impact how financial services are delivered to North America consumers and small businesses," Andy Neuberger, NextPoint Chairman.

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