M&A Hughes Hubbard continues to be a leading firm for special purpose acquisition company (SPAC) mergers. Last year, in addition to working on the world’s biggest SPAC deal to date, our lawyers advised on multibillion-dollar deals involving a major sports e-commerce platform, a global technology company, the world’s largest owner of bowling centers and much more. Our M&A team also brought in big-name acquisitions for non-SPAC clients such as Roku and Infosys, and received The Deal’s Financial Services Deal of the Year award.
Grab Goes Public in World’s Biggest SPAC Deal
Hughes Hubbard acted as legal advisor to Grab Holdings Inc. in its merger with Altimeter Growth Corp., a special purpose acquisition company, that took Southeast Asia’s leading super app public in the largest SPAC merger ever, ascribing to Grab a pro-forma equity value of approximately $39.6 billion.
Starboard SPAC’s $3.4B Merger With Cyxtera
The firm served as legal advisor to an affiliate of Starboard Value in a merger between the activist investor’s recently launched special purpose acquisition company and Cyxtera Technologies Inc. that took the data center provider public.
Aeon in $3.2B De-SPAC Merger for Sports E-Commerce Platform Signa
Hughes Hubbard advised Japanese retailer Aeon, a significant shareholder of Signa Sports United GmbH, in Signa’s merger with special purpose acquisition company Yucaipa Acquisition Corp., a move that took the sports e-commerce platform public on the New York Stock Exchange.
Isos in $2.6B SPAC Merger With Bowlero
HHR acted as legal advisor to SPAC Isos Acquisition Corp. in its $2.6 billion IPO merger with Bowlero Corp. that took the world’s largest owner and operator of bowling centers public.
Cantor Fitzgerald SPAC’s $2.1B Merger with Rumble
Hughes Hubbard is acting as legal advisor, along with Bennett Jones, to CF Acquisition Corp. VI (CFVI), a special purpose acquisition company sponsored by New York investment firm Cantor Fitzgerald, in a pending merger with Rumble Inc. that will take the Canadian neutral video platform public.
Kensington Capital’s $1.5B SPAC Merger With Wallbox Chargers SL
HHR served as legal advisor to special purpose acquisition company Kensington Capital Acquisition Corp. II in its merger with Wallbox Chargers SL, which took the Spanish electric-vehicle charger maker public.
CF Finance Acquisition Corp. II in $2B Merger with AEye
HHR advised CF Finance Acquisition Corp. III, a SPAC sponsored by Cantor Fitzgerald, in a $2 billion merger with AEye that took the lidar sensor maker public.
Wipro’s $1.45B Acquisition of British Consultancy Firm
Hughes Hubbard advised global information technology company Wipro in its acquisition of British tech consultancy firm Capco for $1.45 billion.
CF Acquisition Corp. V’s $850M Merger with Satellogic
HHR represented CF Acquisition Corp. V, a SPAC backed by Cantor Fitzgerald in a $850 million IPO merger with Satellogic that took the satellite earth imagery provider public.
Roku’s Strategic Alliance With Nielsen
Hughes Hubbard advised Roku, Inc. on its deal to acquire Nielsen’s advanced video advertising business.
Cantor Fitzgerald SPAC’s Merger With View
Hughes Hubbard acted as legal advisor, along with Ellenoff Grossman & Schole, to CF Finance Acquisition Corp. II, a special purpose acquisition company sponsored by New York investment firm Cantor Fitzgerald, in a merger with View Inc. The deal, which closed in 2021, took the Silicon Valley-based smart window company public.
Infosys’ $125M Acquisition of Blue Acorn iCi
Hughes Hubbard served as legal advisor to global information technology leader Infosys in its $125 million acquisition of digital services and consulting agency Blue Acorn iCi, in a deal that closed in 2021.
Greenbriar’s Sale of Nordco
HHR advised Greenbriar Equity Group and Nordco in Greenbriar’s sale of the railroad maintenance equipment supplier to Wabtec Corp., a global railroad equipment manufacturer.
Tao Group’s Combination With Hakkasan
Hughes Hubbard advised Tao Group Hospitality in a deal to acquire majority control of Hakkasan Group, creating a premium hospitality powerhouse that includes a global portfolio of brands and properties.
$2.5B Deal to Go Private for Santander’s Auto Lending Unit
Hughes Hubbard acted as legal counsel to Santander Consumer USA Holdings Inc. in its sale to parent company and majority shareholder Santander Holdings USA Inc., which took the Dallas-based auto lending and consumer finance company private.