The Company will seek businesses operating in the software and technology-enabled services sector with recurring/predictable revenue, the prospect for high free cash flow conversion at scale, and an enterprise value of at least $1 billion. Berenson is led by Chairman Jeffrey Berenson, CEO Mohammed Ansari, and CFO Amir Hegazy.
Total SPAC deal count for 2021 year-to-date is now 442. This offering is expected to close on Thursday, September 30.
BofA Securities and Wells Fargo Securities are the joint book-running managers for the offering. Greenberg Traurig, P.A. is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. Grant Thornton LLP serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.