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New Deal


Announced

Completed

Bridger Aerospace went public via a SPAC merger with Jack Creek Investment in an $869m deal.

Financials

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Transaction Value£720m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Majority

Acquisition

Private

aerospace company

Friendly

Aerospace

De-SPAC

Domestic

Single Bidder

United States

Merger

Reverse Takeover

Completed

Synopsis

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Bridger Aerospace, an aerospace company, went public via a SPAC merger with Jack Creek Investment, a special purposes acquisition vehicle, in an $869m deal. “Our priority for this transaction was to identify a company with exceptional leadership and operational expertise to take public and with which we could develop a true partnership. As a private company, Bridger has attracted the support of leading institutional investors and counts as equity holders some of the leading financial institutions and asset managers in the world. With its strong recurring revenue model, experienced management team and industry-leading aircraft fleet, the Company is well-positioned to grow and create significant and sustained value for investors and all stakeholders as it works to meet critical environmental and community needs," Jeffrey Kelter, Jack Creek Chairman.

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