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New Deal


Announced

Completed

Forge Global went public via a SPAC merger with Motive Capital in a $2bn deal.

Financials

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Transaction Value£1,444m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Synopsis

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Forge Global, a private securities marketplace, went public via a SPAC merger with Motive Capital, a special purpose acquisition company, in a $2bn deal. Investors in PIPE included ION Group, Temasek and Adit Ventures. "Completing our business combination with Motive Capital Corp and becoming a public company is a significant milestone for Forge and for the private market. As a publicly traded company, we see vast opportunities to expand our business and offerings to ultimately create greater participation in private company liquidity for equity holders and investors," Kelly Rodriques, Forge CEO.

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