Announced
Financials
Tags
United Kingdom
buyouts
investment company
Private Equity
Acquisition
Majority
De-SPAC
Reverse Takeover
Friendly
private equity
Cross Border
Private
Merger
Pending
Single Bidder
Synopsis
CorpAcq, a corporate compounder with a proven track record of acquiring and supporting founder-led businesses, agreed to go public via merger with Churchill Capital VII, a special purpose acquisition company, in a $1.58bn deal. "Today is an exciting milestone in CorpAcq's history and validation of our team, our tremendous growth and our approach of partnering closely with and empowering portfolio companies to drive long-term performance. We are thrilled to partner with Churchill VII. With their team's deep M&A and capital markets expertise, track record of value-added investing in companies as well as an extensive relationship network, we are confident that Churchill VII is the right partner to propel CorpAcq's next phase of growth. As a public company, we believe CorpAcq will be better positioned to accelerate organic growth, expand our acquisition pipeline deeper in the UK and deliver compounding returns to shareholders, all while staying true to our ethos of fostering autonomy at our portfolio companies and investing over a long time horizon," Simon Orange, CorpAcq Chairman and Founder.
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