Special Purpose Acquisition Company (Spac)? Would You Use This?

people:

searchers

investors

intermediaries

lenders

lawyers

accountants

consultants

insurance

tasks:

getting started

see job postings

share your PPM

see my deals

read interviews

browse posts:

self funded

australia

north america

acquisitions

latin america

getting started

operating

deal making

women in search

single sponsor

industry news

bestof

accounting and legal

tip for the week

networking

interview

getting funded

deal sourcing

corona

europe

africa

traditional

asia

case studies

05/03/2019 Redacted Redacted

searcher

SPECIAL PURPOSE ACQUISITION COMPANY (SPAC)? WOULD YOU USE THIS?

SPAC's can be a very good option  for your strategy to build out your fund. Creates a situation for significant risk mitigation while simultaneously creating a much more attractive proposal to potential LP's / investors. What do you guys think? Who has used this before? Share your experience. 

2 likes 110 views 4 comments

searcher Massachusetts Institute of Technology - MIT Sloan School of Management Johns Hopkins University - 05/03/2019

Deal size might be out of scope (too high) but I'm very interested in this approach and have considered a SPAC for a separate acquisition play on a target generating $100M+. Great question!

like reply | 1 like

searcher - 05/03/2019

I think it's great for a strategy I am using right now. Made some tweaks to how it's traditionally structured but the concept is solid. And I agree that it would be better for higher ticket deals and funds with the key being the strategy.

like reply | 0 likes

searcher Purdue University - 08/05/2020

Thanks for your comments guys! Since you've posted, is there anything else worth sharing about establishing, using it as a vehicle, or pitfalls of using an SPAC? Thanks!

like reply | 0 likes

searcher Stevens Institute of Technology - 08/05/2020

Deals have to be large. Also SPACs mostly are public companies. There are lots of administrative, compliance and reporting requirements. That usually means that the fees for set-up, administration and reporting are very high. Just my experience on a very basic level.

like reply | 0 likes

sign in to join the discussion

Searchfunder Session: Landing the Whale?

2020-10-28T18:00:00+00:00

Entrepreneurship Through Acquisition: a gateway to SME investing and succession

2020-10-29T14:00:00+00:00

2020 French Search Fund Conference

2020-10-29T17:00:00+00:00

Searchfunder Session: Deal Sourcing for Searchers

2020-10-29T18:00:00+00:00

Searchers Mastermind Group - Online

2020-10-30T14:30:00+00:00

Whitepaper: Creating Favorable Transaction Structures

2020-10-31T17:00:00+00:00

BIPOC MeetUp

2020-11-03T19:00:00+00:00

Entrepreneurship Through Acquisition #5: Structuring the Deal

2020-11-05T00:00:00+00:00

SAVE THE DATE: 7th Annual Booth-Kellogg Entrepreneurship through Acquisition (ETA) Conference.

2020-11-09T17:00:00+00:00

Searchfunder Ops Session: Customer Communication During Crisis

2020-11-10T19:00:00+00:00

Searchfunder Session: Basics of Business Valuation

2020-11-12T19:00:00+00:00

Searchfunder Ops Session: Managing the Year 1 Transition

2020-11-17T19:00:00+00:00

The Summit for Maximizing Business Value (Virtual) - Day 1

2020-11-18T16:00:00+00:00

The Summit for Maximizing Business Value (Virtual) - Day 2

2020-11-19T16:00:00+00:00

Searchfunder Session: SBA War Stories & Lessons Learned with Bruce Marks

2020-11-19T18:00:00+00:00

2020 Harvard Business School ETA Conference

2020-12-06T14:30:00+00:00

Women in Search Happy Hour

2020-12-10T21:00:00+00:00

Searchfunder Ops Session: Finding Your Niche & Knowing Your Pinch Points

2021-01-12T19:00:00+00:00