Investindustrial Acquisition Corp.’s $402.5 Million Initial Public Offering


Kirkland & Ellis advised Investindustrial Acquisition Corp. in the deal.

Investindustrial Acquisition Corp., a special purpose acquisition company (SPAC) that will target European companies with an enterprise value between $1 – 5 billion, completed its $350 million IPO and the exercise of the underwriters’ $52.5 million over-allotment option, resulting in total gross proceeds of $402.5 million from the IPO. The SPAC will focus on medium-sized businesses in the Consumer, Healthcare, Industrial and Technology sectors. The SPAC’s units began trading on the NYSE under the ticker symbol “IIAC.U” on 19 November, 2020.

Kirkland team in London was led by capital markets partner Cedric Van den Borren (Picture), debt finance partner Neel Sachdev and capital markets associate Serguei Chevtchenko. In New York, the team was led by capital markets partners Christian Nagler and Peter Seligson and associate Mathieu Kohmann. Chicago litigation partner William Pruitt also assisted on the transaction.

Involved fees earner: Serguei Chevtchenko – Kirkland & Ellis; Mathieu Kohmann – Kirkland & Ellis; Christian Nagler – Kirkland & Ellis; William Pruitt – Kirkland & Ellis; Neel Sachdev – Kirkland & Ellis; Peter Seligson – Kirkland & Ellis; Cédric Van den Borren – Kirkland & Ellis;

Law Firms: Kirkland & Ellis;

Clients: Investindustrial Acquisition Corp.;

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