Self-driving truck software startup Plus is reportedly in talks to merge with the same investor group that brought public electric vehicle startup Canoo Inc.
Vista eyes SPAC for another attempt at Omnitracs exit
The blank-check firm Apollo Strategic Growth Capital (NYSE:APSG) is in talks to combine three of Vista Equity Partners’ auto technology companies to go public, according to a Bloomberg report. The portfolio companies — Solera Holdings Inc., DealerSocket Inc. and Omnitracs — are reported to be valued at $15 billion and could reach a deal within weeks.
Video: SPACs aren’t out of whack in 2020
SPACs — special purpose acquisition corporations — have come a long way from being regarded as the “skunk at the garden party” to a welcome investment vehicle.
Video: Who ya gonna call when taking your company public?
Mark Scudder discusses acquisitions, IPOs and more with FreightWaves CEO Craig Fuller during the FreightTech Venture Summit