The Company has been established for the purpose of acquiring a company in the technology sector with a focus on the software, digital media, digital commerce, or fintech sub-sectors, with an equity value between €800 million and €2,000 million with principal operations in an EEA Member State or the United Kingdom, Switzerland or Israel.
Co-Founders and Managing Partners Hugh Campbell, Manish Madhvani, and Per Roman said: “This SPAC is a result of our vision and belief at GP Bullhound in the transformative power of technology. Our competitive advantage is a result of 20 years of working with category leaders in the industry. The SPAC will focus on bringing the next tech titan centred in software in the underserved European ecosystem and deliver exponential growth by providing our expertise, capital, and access to the equity capital markets.”
At opening, the share price was set at €10.00 per share. The Company has successfully raised €200 million, which marks the first step in its journey to find the next tech titan in Europe.
The Company is advised by GP Bullhound’s three co-founders and managing partners, Hugh Campbell, Manish Madhvani and Per Roman, along with its advisory board. GP Bullhound along with certain anchor investors together act as the Founder of the Company.
About GP Bullhound Acquisition I SE
GP Bullhound Acquisition I SE is a European company (Societas Europaea) existing under Luxembourg law established for the purpose of acquiring a technology company in the form of a merger, capital stock exchange, share purchase, asset acquisition, reorganization or similar transaction. The Company intends to seek a target for the business combination in the technology sector. For more information, please visit www.gpbullhound.com/spac/acquisition-i-se/.
About GP Bullhound
GP Bullhound is a leading technology advisory and investment firm, providing transaction advice and capital to the world’s best entrepreneurs and founders. Founded in 1999 in London and Menlo Park, the firm today has 10 offices spanning Europe, the US and Asia. For more information, please visit www.gpbullhound.com.
David Koch, Equity Capital Markets
Iman Crisby, Executive Director, Marketing