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New Deal


Announced

Completed

Montana Technologies went public via a SPAC merger with Power & Digital Infrastructure Acquisition II in a $500m deal.

Financials

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Transaction Value£391m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

cooling solutions

Diversified Industrials

Domestic

De-SPAC

Private

Single Bidder

Acquisition

Merger

Completed

Friendly

Reverse Takeover

Private Equity

Synopsis

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Montana Technologies, a renewable energy and cooling technology, went public via a SPAC merger with Power & Digital Infrastructure Acquisition II, a special purpose acquisition company, in a $500m deal. "We are in the process of scaling and deploying pre-production AirJoule units with our world-class partners to the largest, highest probability end customers around the world, which we are confident will generate highly lucrative contracts for the Company in the near-term," Matt Jore, Montana Technologies CEO.

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