Author: Nicholas Alan Clayton

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Foley Trasimene Acquisition Corporation (WPF) to Combine with Alight Solutions in $7.3Bn Deal

Foley Trasimene Acquisition Corporation (NYSE:WPF) has entered into a definitive agreement to combine with workforce software firm Alight Solutions, valuing the combined entity at about $7.3 billion. Alight software handles payroll and employee benefits with AI-backed personalized approaches and currently serves about 14% of the US working population. The combined entity is expected to trade
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Landcadia Holdings III (LCY) to Combine with Hillman Group in $2.6Bn Deal

Landcadia Holdings III (NASDAQ:LCY) has entered into a definitive merger agreement with the Hillman Group, a maker of hardware and home improvement products. Cincinnati-based Hillman sells hardware and tools online as well as through about 40,000 retailers and the deal gives the combined entity an enterprise value of $2.64 billion. The transaction is expected to
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ION Acquisition Corp. 1 Ltd. (IACA) to Combine with Taboola in $2Bn Deal

ION Acquisition Corp. 1 Ltd. (NYSE:IACA) has entered into a definitive agreement to combine with digital ad firm Taboola that would value the combined entity at $2 billion. Taboola provides digital advertising services for about 13,000 publishers, advertisers and brands with AI-driven recommendation banners on sites in the open web. The combined company is expected
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TS Innovation Acquisitions Corp. (TSIA) to Combine with Latch in $1Bn Deal

TS Innovation Acquisitions Corp. (NASDAQ:TSIA) has entered a definitive agreement to merge with real estate software provider Latch in a deal giving the combined entity an enterprise value of $1.05 billion. Latch provides software-as-a-service (SaaS) products for tenants and guests at hotels and buildings controlling connectivity, comfort and access. The combined company is set to
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GigCapital2 (GIX) Adds $285M PIPE to UpHealth Deal

GigCapital2 (NYSE:GIX) announced this evening that it has arranged an additional $285M in funding for its business combination with digital healthcare provider UpHealth. Just $30 million of this amount comes in the form of a traditional PIPE priced at $10 per share, while the remaining $255 million is in the form of 5-year convertible notes.
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Acamar Partners Acquisition Corporation (ACAM) Shareholders Approve CarLotz Deal

Acamar Partners Acquisition Corporation (NASDAQ:ACAM) announced in an 8-K filing that its shareholders approved its combination with vehicle ecommerce platform CarLotz at a special meeting earlier today. Just 2,493 shares were redeemed in connection with the vote, removing only $25,364.71 from Acamar’s estimated $310.9 million trust. Redeeming shareholders took a loss as the SPAC opened
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