Going public through a special purpose acquisition company is officially mainstream. Special purpose acquisition companies, once looked down upon by Wall Street-types as a less respectable way to go public, have been forming and going public at an unprecedented pace this year.
TPG Pace and Nerdy’s Investor Presentation
The Investor Presentation for the TPG Pace Group and Nerdy merger is now available.
TPG-backed SPAC to take online learning platform Nerdy public in $1.7 bln deal
A blank check company backed by private equity firm TPG said on Friday it will take Nerdy Inc public through a merger, in a deal valuing the online learning platform at $1.7 billion.