A handful of high-profile names dominate the rankings of blank-check company dealmakers, as investors and potential targets have become more selective about the wave of special purpose acquisition companies, Financial News reports.
As the SPAC frenzy cools after more than a year of unprecedented fundraising, companies have looked to well-established names including Alec Gores, Betsy Cohen and Michael Klein for deals, according to a new ranking of so-called ‘de-Spacs’ supplied to Financial News by data provider MergerLinks.
The ranking charts progress of investors who raised money through a SPAC IPO and found a company to acquire or de-SPAC. Read more.