Hi guys:
How does a PE exit to SPAC usually work? It seems like you probably can't get all your cash off the table in one go...how do PE firms usually go about it? Do they continue to work on value creation for companies they exit through SPAC? or do they just act as if they are all exited now?
Thanks
| +36 | What is GS Private Equity like? | 31 | 5d | |
| +26 | Would my background make me a good fit for Infra PE? | 9 | 1d | |
| +24 | Where is there untapped value in secondaries? | 14 | 4d | |
| +23 | Thoughts on Bain Capital and Warburg Pincus special sits groups? | 17 | 3h | |
| +21 | PE HH Intro Calls Starting | 21 | 8h | |
| +20 | Me bitching... A Rant. | 2 | 7h | |
| +18 | Which Opportunity? | 1 | 19h | |
| +17 | unsolicited advice for where to make a lot of money | 6 | 1d | |
| +16 | MBA / PE Decision Help | 9 | 25m | |
| FT PB vs PE IR ? | 8 | 28m |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
For the PE sponsor of the exiting company, it will look similar to other IPOs. Not sure if there is anything inherently different about SPACs.
IPOs don't usually result in full liquidation, with the former PE sponsor usually remaining a majority owner or minority-majority. They will still work on value creation as long as they are on the board, but with extra hoops to jump through with the public requirements.
Odio in ut voluptatem ut odio sapiente omnis sapiente. Minus aspernatur consequatur maiores. Voluptas voluptatem ea earum voluptates suscipit nam.
Non modi eos numquam. Facere cupiditate laboriosam repellendus voluptates sint vero sit qui. Quae nisi architecto ea et occaecati commodi laudantium harum. Ea ea et perferendis temporibus eos. Cum iure dolorem dolores blanditiis explicabo.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...