Investindustrial Acquisition Corp.
General Information | |
Business: | We intend to seek to acquire companies with an enterprise value in the range of $1.0 billion to $5.0 billion and with a focus on the consumer, healthcare, industrial and technology sectors. This new blank-check company is affiliated with Investindustrial, which was founded in 1990 as an independent investment group with financial backing from the Bonomi family, with a view that the market lacked an investor with a long-term horizon coherent with the timing of industrial plans, to help build leaders with an active and industrially driven approach. In more than 30 years of experience and under the leadership of Andrea C. Bonomi, founder and chairman of the Industrial Advisory Board, Investindustrial has successfully invested in more than 65 portfolio companies, executing transactions in Europe, including the acquisitions of Aston Martin, Avincis, Design Holding, Ducati, Euskaltel, Polynt-Reichhold and PortAventura. Note: Sergio Ermotti, the outgoing CEO of UBS Group AG, has agreed to serve as chairman, effective Jan. 1, 2021, of this new blank-check company, also known as a special-purpose acquisition company (SPAC), according to the prospectus.
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Industry: | BLANK CHECKS |
Employees: | 0 |
Founded: | 2020 |
Contact Information | |
Address | Suite 1, 3rd Floor, 11-12 St James’s Square London SW1Y 4LB United Kingdom |
Phone Number | +44 20 7400 3333 |
Web Address | |
View Prospectus: | Investindustrial Acquisition Corp. |
Financial Information | |
Market Cap | $437.5mil |
Revenues | $0 mil (last 12 months) |
Net Income | $0 mil (last 12 months) |
IPO Profile | |
Symbol | IIAC.U |
Exchange | NYSE |
Shares (millions): | 35.0 |
Price range | $10.00 - $10.00 |
Est. $ Volume | $350.0 mil |
Manager / Joint Managers | Deutsche Bank Securities |
CO-Managers | Goldman Sachs |
Expected To Trade: | 11/19/2020 |
Status: | Priced |
Quiet Period Expiration Date: | Available only to Subscribers |
Lock-Up Period Expiration Date: | Available only to Subscribers |
SCOOP Rating | Available only to Subscribers |
Rating Change | Available only to Subscribers |