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Announced

BigRep to go public via a SPAC merger with SMG Technology Acceleration in a €130m deal.

Synopsis

BigRep, a German 3D Printing company, agreed to go public via a SPAC merger with SMG Technology Acceleration in a €130m deal. "BigRep is a fast-growing high-tech engineering company and an impressive example of German precision manufacturing with global distribution. For us as SMG Holding, this transaction is the first in a series of listings of medium-sized companies in which we will remain invested in the long term. In the medium term, we plan to list at least two high-growth companies per year. To this end, we create the necessary structures for a listing, identify suitable companies and provide growth capital. This allows us to offer companies secure framework conditions for access to the capital market. Our SMG model is designed to pave the way for a new form of partnership-based and growth-oriented equity financing for medium-sized companies,“ Stefan Petrikovics, SMG CEO.

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