The new company aims to combine with a technology, consumer or business services target that would benefit from its sponsor’s hands-on approach and established value playbooks. TZP Strategies is led by CEO Samuel Katz, CFO Sheera Michael and President Kenneth Esterow.
Total SPAC deal count for 2021 year-to-date is now 58 with $16.1 billion in gross proceeds raised. This offering is expected to close on Friday, January 22.
Credit Suisse Securities (USA) LLC acted as book-running manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.