Mirion’s Business Combination with GS Acquisition Holdings Corp II

Davis Polk advised Mirion Technologies (TopCo), Ltd. on the deal.

Mirion Technologies (TopCo), Ltd., a Charterhouse Capital Partners portfolio company, completed its business combination with GS Acquisition Holdings Corp II, a publicly traded SPAC, that will result in Mirion becoming a public company. Upon closing, the estimated pro forma enterprise value of the combined company is expected to be approximately $2.6 billion. The transaction includes a $900 million common stock PIPE. The transaction, which is expected to close in the second half of 2021, is subject to approval by GS Acquisition Holdings’ shareholders, certain regulatory approvals and other customary closing conditions.

Headquartered in Atlanta, Georgia, Mirion Technologies is a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets.  GS Acquisition Holdings Corp II is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. Headquartered in London, Charterhouse is one of the longest established private equity firms operating in Europe. 

The Davis Polk corporate team advising Mirion Technologies included partners Alan F. Denenberg and Stephen Salmon, counsel Bryan M. Quinn and associates Elizabeth Diggs, Tierney O’Rourke and Joseph Marano. The tax team included partner Patrick E. Sigmon. The finance team included partner Hilary Dengel. Partner Adam Kaminsky provided executive compensation advice. Counsel Nicholas Spearing provided regulatory and antitrust advice. 

Involved fees earner: Alan Denenberg – Davis Polk & Wardwell; Hilary Dengel – Davis Polk & Wardwell; Elizabeth Diggs – Davis Polk & Wardwell; Adam Kaminsky – Davis Polk & Wardwell; Joseph Marano – Davis Polk & Wardwell; Tierney O’Rourke – Davis Polk & Wardwell; Bryan Quinn – Davis Polk & Wardwell; Stephen Salmon – Davis Polk & Wardwell; Patrick Sigmon – Davis Polk & Wardwell; Nicholas Spearing – Davis Polk & Wardwell;

Law Firms: Davis Polk & Wardwell;

Clients: Mirion Technologies, Inc.;

Author: Martina Bellini