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New Deal


Announced

HomeToGo to go public via a merger with Lakestar SPAC I in a $1.45bn deal.

Financials

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Transaction Value£1,032m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Pending

Cross Border

accommodation marketplace

Private

Friendly

Germany

Majority

Reverse Takeover

Acquisition

E-commerce

Single Bidder

De-SPAC

Merger

Synopsis

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HomeToGo, a marketplace for accommodations, is set to go public via a merger with Lakestar SPAC I, a special purpose acquisition company, in a $1.45bn deal. "Once implemented, Lakestar SPAC and HomeToGo are confident that the envisaged business combination will create a globally recognized and industry defining travel tech company made in Europe," Lakestar.

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