Announced
Completed
Financials
Tags
Domestic
e-commerce platform
Friendly
technology company
De-SPAC
Private
E-commerce
United States
Merger
Reverse Takeover
Majority
Acquisition
Private Equity
Completed
Synopsis
Enjoy Technology, a provider of e-commerce platform, went public via a SPAC merger with Marquee Raine Acquisition in a $1.2bn deal. Marquee Raine Acquisition is backed by The Raine Group and Marquee Sports. "Today marks a significant milestone for Enjoy. At Enjoy, we are pioneering the next disruptive channel in retail as we reinvent 'Commerce at Home.' We are launching our Smart Last Mile solution to reimagine the last mile for our partners by providing fast, convenient and personalized experiences for customers. As a public company, we believe Enjoy is poised to scale our business, add new services and meet our partners' requests to accelerate our expansion into new markets. We are excited to embark on this new chapter with Marquee Raine and all of our investors as we meet the expected increasing demand for Enjoy," Ron Johnson, Enjoy Technology Founder and CEO.
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