Special Purpose Acquisition Companies (SPACs) represent a new alternative to access Growth Capital for European high potential companies. The current equity environment forces European Champions to seek financing in the US.
Europe could be the home of the next generation of global market leaders in key industries of tomorrow. It has leading scientists and entrepreneurs developing state of the art solutions. Growth Capital in significant proportions, however, is only available in the US. With SPACs, Europe has the opportunity to keep its Champions – all that is needed are adequate capital market rules and regulations.
Let’s get it done.
Circa l’autore
Franz Gustav Oertel is a strategy consultant at one of the worldwide leading management consultancies. He holds a BSc in Economics from Ludwig-Maximilians University in Munich and a MSc in Economics from London School of Economics (LSE). Franz Oertel is a politically interested macro-economist with experience, interest and expertise in start up founding and financing. In his dissertation at LSE he focussed on Growth Capital analyzing the potential of Special Purpose Acquisition Companies (SPACs). Franz Oertel works and lives in London.