SEP Growth Holdings registered with the SEC to raise $250 million through an offer of 25 million units at $10 each. A unit consists of one Class A ordinary share and one-quarter of one redeemable warrant; whole warrants exercisable at $11.50 for a share.
SEP will target the enterprise technology sector, especially companies engaged in SaaS, data and analytics, cybersecurity, and other enterprise tech.
SEP is led by CEO and Director George Kadifa, managing director of Sumeru Equity Partners, where he focuses on leading investments in enterprise technology companies. Prior to joining Sumeru Equity Partners in 2015, Kadifa was executive VP at HP, where he was the general manager of HP’s $4 billion software business.
The SPAC plans to apply for a Nasdaq listing under SEPGU. Read more.
