Despite certain challenges faced by SPACs in the second quarter of 2021, including a more competitive PIPE financing environment and heightened SEC scrutiny, the SPAC market remains active with more than 350 IPOs completed through the second quarter of 2021 and over $102 billion of gross proceeds raised.

Special Purpose Acquisition Companies Q2 2021 Highlights

Additionally, there does not appear to be a shortage of attractive de-SPAC targets, as completed transactions for the quarter totaled more than $74.6 billion of enterprise value, while another $192.8 billion of enterprise value was reflected in announced de-SPAC transactions.

SPAC Advisory Services

Focused expertise for SPAC transactions.

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).

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.

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.

Private Capital Markets – Debt Advisory

Kroll has extensive experience raising capital for middle-market companies to support a wide range of transactions.