Tue, Apr 20, 2021

SPAC Market Report - Spring 2021

/en/our-team/robert-bartell

Bob Bartell, CFA

/en/our-team/christopher-janssen Christopher Janssen

Chris Janssen

/en/our-team/stephen-burt

Stephen Burt

/en/our-team/raphael-newman Raphael Ray Newman

Raphael (Ray) Newman

/en/our-team/jennifer-terrell

Jennifer Terrell

/en/our-team/mark-kwilosz

Mark Kwilosz

The special purpose acquisition company (SPAC) market has boomed over the past several years, with continued increases in IPO activity and record completions of de-SPAC transactions.

Since January 1, 2020, 89 de-SPAC transactions have been completed, totaling over $145 billion of transaction enterprise value. An additional 117 announced de-SPAC transactions are currently pending close, 96 of which have been announced in the first quarter of 2021.
There are 433 SPACs actively seeking acquisition targets, representing over $125 billion of IPO proceeds.
An additional 252 SPACs have filed for IPOs, 247 of which filed in the first quarter of 2021, demonstrating the explosive growth of the SPAC market.

*Data presented from January 1, 2020 through March 31, 2021

Stay Ahead with Kroll

Fairness and Solvency Opinions

Duff & Phelps Opinions is a global leader in Fairness Opinions and Special Committee Advisory, ranking #1 for total number of fairness opinions in the U.S., EMEA (Europe, the Middle East and Africa), Australia and Globally in 2023 according to LSEG (FKA Refinitiv).

Fairness and Solvency Opinions

Transaction Advisory Services

Kroll’s Transaction Advisory Services platform offers corporate and financial investors with deep accounting and technical expertise, commercial knowledge, industry insight and seamless analytical services throughout the deal continuum.

Transaction Advisory Services

Mergers and Acquisitions (M&A) Advisory

Kroll’s investment banking practice has extensive experience in M&A deal strategy and structuring, capital raising, transaction advisory services and financial sponsor coverage.

Mergers and Acquisitions (M&A) Advisory