What’s in store for SPACs

In this episode, the speakers explore why SPACs remain highly relevant despite market volatility and regulatory headwinds.

Related topics Private equity

In 2021, more than 40% of new public companies listed through mergers with Special Purpose Acquisition Companies (SPACs). While SPACs have been around for decades, the boom of the last few years has dominated its narrative in the marketplace. Today, there are hundreds of SPACs seeking “transactable” targets that face potential liquidation in the next year or so if deals aren’t made. Against this backdrop, SPAC sponsors are operating in an extremely choppy market environment for SPACs and other new issues, and recently proposed Securities and Exchange Commission (SEC) regulation has increased uncertainty in an already uneasy deal-making environment.

Today’s episode explores why SPACs remain highly relevant in EY dialogue with operating companies and their backers despite the market and regulatory headwinds.

What is in store for SPACs over the next one to two years and beyond?

  • Recent innovation and complexity in SPAC mergers
  • Evolving negotiation dynamics in recent dealmaking processes
  • Ongoing evolution of what makes an attractive operating company for a SPAC merger
  • Transforming and adapting of SPACs in the face of the current challenges

For your convenience, full text transcript of this podcast is also available. Read the transcript.

Presenters

Photographic portrait of Karim Anani
Karim Anani
EY Americas Financial Accounting Advisory Services Transactions Leader; SPAC Co-Leader
Winna Brown
EY Americas Financial Accounting Advisory Services Private Equity Leader

Podcast

Episode 49

Duration 30m 00s

In this series

Series overview
(Event List - Manual)

What’s in store for SPACs

In this episode, the speakers explore why SPACs remain highly relevant despite market volatility and regulatory headwinds.
Podcast

Episode 49

Duration
30m 00s

Presenters

Karim Anani

EY Americas Financial Accounting Advisory Services Transactions Leader; SPAC Co-Leader

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

How today’s economic rebalancing is impacting PE

In this episode, the speakers discuss how macroeconomic factors such as inflation, monetary policy, and the labor shortage will impact PE investment decisions and theses.
Podcast

Episode 48

Duration
23m 00s

Presenters

Gregory Daco

EY-Parthenon Chief Economist, Strategy and Transactions, Ernst & Young LLP

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

PE Pulse: Five takeaways from 1Q 2022

In this episode, Pete Witte, EY Global Private Equity Lead Analyst, explores the key themes and market dynamics from 1Q 2022 that are top of mind for PE investors.
Podcast

Episode 47

Duration
10m 00s

Presenters

Pete Witte

EY Global Private Equity Lead Analyst

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

What PE is outsourcing to create value

In this episode, the speakers discuss what tasks PE is outsourcing across business functions such as finance, IT, HR and customer service to create value.
Podcast

Episode 46

Duration
20m 33s

Presenters

Gregory W. Schooley

EY-Parthenon US Value Creation Leader; Principal, Ernst & Young LLP

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

How PE can use the ‘See, Solve, Scale’ process to screen investments

In this episode, our speakers explore how Professor Danny Warshay’s “See, Solve, Scale” entrepreneurial process can help PE investors screen potential investments.
Podcast

Episode 45

Duration
23m 00s

Presenters

Danny Warshay

Executive Director of the Nelson Center for Entrepreneurship at Brown University

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

Why mentoring matters for women in PE

In this episode, our speakers reveal how mentorship programs can help women build long-term careers in PE.
Podcast

Episode 44

Duration
26m 00s

Presenters

Pam Jackson

CEO of Level20

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

How PE firms can win tech deals

In this episode, our speakers explore how PE firms can position themselves to win tech deals in today’s highly competitive market.
Podcast

Episode 43

Duration
25m 00s

Presenters

Winna Brown

EY Americas Financial Accounting Advisory Services Private Equity Leader

Jeff Vogel

EY-Parthenon Partner/Principal and Head of Software Strategy Group, Ernst & Young LLP

PE Pulse: Five takeaways from 4Q 2021

In this episode, Pete Witte, EY Global Private Equity Lead Analyst, explores the key themes and market dynamics from 4Q 2021 that are top of mind for PE investors.
Podcast

Episode 42

Duration
08m 50s

Presenters

Pete Witte

EY Global Private Equity Lead Analyst