Photo: Shutterstock.com Deal Watch: Smaller Deals, Lots of SPACs
A smattering of midsize deals kept 2021 M&A on the uptick and the presence of a slew of SPAC deals shows maybe 2021, not 2020, may be the year of the SPAC.
January 19, 2021 at 04:57 PM
10 minute read
It was hard not to pay attention to SPACs in the second half of 2020. The vehicle, often used in lieu of an IPO, saw more and larger deals in 2020 compared to 2019, with the former improving by a factor of five (or six, depending on which data you used). Either way, it was a big year for a previously back-burner financial vehicle.
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