SPACs Autotech Deals Surpass $80 Billion In First Half Of 2021 Reveals Hampleton Partners' New Report realwire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from realwire.com Daily Mail and Mail on Sunday newspapers.
SPACs impacting Autotech exit market says Hampleton Partners new report
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Two of the three largest transactions in Autotech during 2H2020 were led by special purpose acquisition companies (SPACs)
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London, UK – 16 March 2021. The latest Autotech M&A market report from Hampleton Partners, the international technology mergers and acquisitions advisor, reveals how two of the three largest Autotech transactions during the second half of 2020 were led by “special purpose acquisition companies” (SPACs).
The largest acquisition in Autotech was by Gores Metropoulos’ acquisition of Luminar Technologies for $3.4bn in August 2020, after which it listed the company on the Nasdaq. Luminar Technologies provides advanced long-range, high resolution lidar and perception systems to enable safe autonomous transportati