Brivo to go public via a SPAC merger with Crown PropTech Acquisitions in an $808m deal.

Brivo, a provider of access control devices for businesses, agreed to go public via a SPAC merger with Crown PropTech Acquisitions in an $808m deal. PIPE investors include Golub Capital and Eagle Eye Networks. “We are excited to provide a highly structured and flexible financing solution to support Brivo, the market-leading provider of cloud-based access control solutions in the enterprise and commercial segments. We think Brivo’s strong management team, coupled with Crown’s deep experience in real estate and the leadership of a proven serial technology entrepreneur like Dean Drako make for a world-class combination," Marko Soldo, Golub Capital Head of Credit Opportunities.