This week, in a special edition of the SPACInsider Podcast, we speak with David Cote, Executive Chairman of Vertiv, and Tom Knott, who was previously Head of Permanent Capital at Goldman Sachs. Both joined forces in 2019 on GS Acquisition Holdings Corp., which combined with Vertiv (NYSE:VRT) in what has become the most successful SPAC deal of all time.
We discuss what were the critical ingredients to the transaction’s success and what is needed to achieve solid returns in SPAC deals under the current conditions.
However, it wasn’t all roses from the start, with the deal closing right as the pandemic shocks were beginning to hit the system. But, the two explain how their team weathered the storm with both preparation and a plan for the company’s post-transaction future.
Give it a listen.
At the SPAC of Dawn With just weeks to go before the US presidential elections, SPACInsider will be examining many of the potential shifts in policy that could have implications for SPACs depending on the results. Another potential post-election shift could come at the SEC, where current Chairman Garry Gensler appears likely to stay on...
This week, the SPACInsider Podcast delves into some of the tax and accounting issues that SPAC teams should be considering as we approach both the Presidential election and the end of 2024. Mark Deters and Ryan Bixenman, partners at WithumSmith+Brown, join us to help break it all down. For example, what does it mean for...
At the SPAC of Dawn Trump Media (NASDAQ:DJT) is back on a tear, rising +18.5% in yesterday’s trading and a further +8% in the pre-market. This brings it above $32 for the first time since July and could reflect optimism about Donald Trump’s presidential bid, enthusiasm for the company’s new web-streaming Truth+ TV service (see...
At the SPAC of Dawn Today kicks off with an SEC holiday that may cool activity until Tuesday, but SPACs have still scheduled a pair of extension votes and completion votes this week, most of which are scheduled for tomorrow. Tuesday is also to play host to a vote for Investcorp India (NASDAQ:IVCA) shareholders to...
Terms Tracker for the Week Ending October 11, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. This week was sandwiched in between the Rosh Hashanah and Yom Kippur holidays, and as such, it was on the lighter side for news. In...