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New Deal


Announced

Two Bit Circus to go public via a SPAC merger with Alpine Acquisition in a $50m deal.

Financials

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Transaction Value£43m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Domestic

amusement parks

Reverse Takeover

Single Bidder

entertainment company

Merger

Majority

United States

Private

Acquisition

Travel and Tourism

Pending

Friendly

De-SPAC

Synopsis

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Two Bit Circus, a creator of amusement parks, agreed to go public via a SPAC merger with Alpine Acquisition, a blank cheque company, in a $50m deal. “Two Bit Circus, Inc, is an industry leader in experiential technology entertainment, and we look forward to joining with their talented team of innovators and their extensive portfolio of social experiences to create a new one of a kind world-class family entertainment brand, and purchasing two well located conference center hotels aligns with our team’s background in hospitality entertainment," Elan Blutinger, Alpine Chairman.

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