A seasoned Sales Leader and Sales Professional with 20+ years’ experience growing companies, leading high performance sales teams and exceeding expectations. His experience is primarily in high-growth companies in leading Software, SaaS and Cloud based technologies & services with a client base of Fortune 500 companies, world leading Law Firms, Investment Banks, Financial Advisors and Private Equity professionals throughout EMEA and North America.
Merrill Corporation, the premier technology provider for M&A professionals around the world, reported that technology
The big change to UK listing rules is removing the old presumption that a SPAC’s listed shares will be suspended when it announces a potential acquisition. This presumption had put investors off, because they feared losing the ability to exit their investment if they disliked the proposed target.
One key specific advantage of going the SPAC route, especially for TMT [technology, media, and telecoms] companies, is the ability to work with an experienced SPAC management team. They will offer a glimpse into the effectiveness of recently introduced special-purpose acquisition company reforms and provide a better understanding of what long-term M&A trends are unfolding in the UK.
This could mark a new beginning for the UK’s IPO market. Under the new rules, and in addition to other reforms, SPACs must now raise a minimum of £100 million at IPO, which is half the previous £200 million threshold.
Speed is crucial in M&A due diligence. The longer the process runs, the higher the risk that the deal goes cold and potentially unravels. In the past decade due diligence has accelerated, thanks in a large part to the advance of technology and digitisation. The question is just how swift can the process be in the future, as we move into 2019 and beyond?