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Announced

Tailwind Acquisition failed to merge with QOMPLX in a $1.4bn deal.

Financials

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Transaction Value£1,003m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales14.6x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

Reverse Takeover

Friendly

United States

Majority

Merger

Software

Domestic

saas solutions

Acquisition

Single Bidder

De-SPAC

Failed

Synopsis

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Tailwind Acquisition, a special purpose acquisition company, failed to merge with Cannae Holdings-backed QOMPLX, a SaaS-based solutions provider, in a $1.4bn deal. “Reaching public markets via our partnership with Tailwind expedites QOMPLX’s ability to reach more customers globally and supports our continued development of the core technology platform for mission critical customer applications. With the exceptional Sentar and Tyche domain experts joining QOMPLX, we are poised for growth fueled by extraordinary people, defensible technology, and a strong balance sheet,” Jason Crabtree, QOMPLX Co-Founder & CEO.

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