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.

 

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:
Lock-Up Period Expiration Date:
SCOOP Rating
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