SIGNA Sports United, a global sports e-commerce and tech platform, went public via a SPAC merger with Yucaipa Acquisition, a blank check company, in a $3.2bn deal. "SSU is a global leader in the fastest-growing sports categories and is well-positioned for continued success as a public company. With its technology platform - and a combination of scale, international growth and profitability – we expect SSU to grow its leadership positions and accelerate its global expansion. We look forward to becoming shareholders and partnering closely with the talented SSU team on this exciting journey," Ron Burkle, Yucaipa Chairman and President. On October 18, 2021, the size of the PIPE investment was increased by $70m to $372m.