Navigation Capital Partners, an Atlanta-based private equity firm, today announced significant expansion of its SPAC Operations portfolio by funding three SPACs. Navigation launched its SPAC Operations Group in 2019.
The new investments:
Co-invested with Intercontinental Exchange and Loop Capital to sponsor D and Z Media Acquisition Corp. Led by Betty Liu and Mark Wiltamuth, the blank check company intends to focus on acquisitions related to media, education technology (“ed-tech”), and other related industries.
Invested in KINS Technology Group: a SPAC that announced an upsized IPO of $240 million on December 15, 2020. The blank check company focused on transformational technology businesses is led by Khurram Sheikh and Eric Zimits, and is underwritten by UBS Investment Bank, Stifel, and BTIG.
Led a PIPE in AVCtechnologies. On December 2, AVCtechnologies completed an acquisition of Kandy Communications, positioning the company as a premier white label provider for UCaaS, CCaaS and CPaaS products. Read more.
