Partner Criteria

Enterprise value

$500mm to $3bn+

Geography

Focus on North America and selectively Western Europe

Industry

Consumer, e-commerce and omni-channel retail, food, and the consumerization of health care, and the technologies and services driving disruption and growth in these sectors

Current equity ownership

Family / founder, PE or VC owned private companies and spin-outs from public companies

Use of proceeds for the merger

Retained ownership for current shareholders

Focus on partnering with a merger partner whose existing owners want to retain significant equity upside in the business, typically between 33-80%, and which could include control of the public company post-merger

Cash consideration for current shareholders

Flexibility to work with the current shareholders of the target merger partner to provide them with cash consideration for a portion of their existing ownership stake

Forms of consideration for current shareholders

Primarily cash and the public stock of combined companies; GPAC can also issue preferred shares and/or debt as a part of the consideration