Clients intrigued by SPACs? Insights to help you guide them
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Clients intrigued by SPACs? Insights to help you guide them
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Clients intrigued by SPACs? Insights to help you guide them

2 months ago · 5 min read

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What do you need to know about SPACs, or special-purpose acquisition companies? These investment vehicles are enjoying a surge in popularity. By early April 2021, SPACs had raised approximately $100 billion since the start of 2021, according to SPACInsider, compared with just over $83 billion in all of 2020. The reasons include a booming stock market that attracts well-funded investors to new deals, the involvement of more experienced deal sponsors and management teams, and a better understanding of the SPAC

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