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New Deal


Announced

Completed

GETT went public via a SPAC merger with Rosecliff Acquisition in a $1bn deal.

Financials

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Transaction Value£741m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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De-SPAC

Reverse Takeover

Merger

Cross Border

Majority

Single Bidder

Acquisition

Private

Friendly

United Kingdom

software development

Software

Completed

Synopsis

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GETT, a provider of a technology platform, went public via a SPAC merger with Rosecliff Acquisition, a special purpose acquisition company, in a $1bn deal. “Upon the creation and initial listing of Rosecliff, we sought to partner with a high growth, scalable software company operating in a large, unpenetrated market, in an early cycle of disruption. Following a period of admirable hard work from our entire team, we have achieved this milestone with Gett. Dave and his management team have done a remarkable job transitioning from a traditional ride-hailer to become a leading global corporate GTM platform. With our added expertise with high-growth companies and vast corporate network in the United States to create rapid inroads to new customer opportunities, we believe that we can accelerate Gett’s growth to significantly increase value for all shareholders," Michael Murphy, Rosecliff Founder and CEO.

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