Special Purpose Acquisition Company (SPAC) activity has grown exponentially over the past few years, driven largely by activity in the US. Hand in hand with this is the follow-on growth in de-SPAC transactions, as publicly listed SPACs move through the transaction life cycle to merge with an acquisition target.

While the US has historically been the main market for SPAC and de-SPAC activity, we are beginning to see a growing global interest in non-US SPAC listing venues and acquisition targets.

Baker McKenzie represents SPAC sponsors in structuring SPACs and conducting SPAC IPOs, SPACs and target companies in de-SPAC business combination transactions and simultaneous PIPE transactions, and PIPE investors in SPACs. We regularly guide boards of directors with respect to fiduciary duties, corporate governance matters and material corporate transactions. We also represent management teams in connection with SPAC matters. We give you the head start you need to navigate the challenges and opportunities that SPACs present.

As the leading cross-border transactional law firm, we, through our 77 offices in 46 countries, address issues arising in various jurisdictions with a single voice. Few, if any, law firms can deliver the scope of services, across a truly global footprint, in such a rapid and coordinated fashion as our team at Baker McKenzie can.

SPACs deals