SPAC listing successfully raises €210 million – upsized due to strong investor demand
21st SPAC listed on Euronext markets in 2021 (YTD), of which 15 on Euronext Amsterdam
Amsterdam – 10 December 2021 – Euronext today congratulates Pegasus Entrepreneurial Acquisition Company Europe B.V. (“Pegasus Entrepreneurs”), a Special Purpose Acquisition Company (SPAC), on its listing on Euronext Amsterdam (ticker code: PEACE and PEACW) and on successfully raising €210 million in an Offering. The offering was upsized by €10 million due to strong investor demand. It is the 21st SPAC listing on Euronext markets thus far, of which 15 on Euronext Amsterdam.
Pegasus Entrepreneurs intends to partner with a European-headquartered business that has a track record of achieving high growth and that has a growth and value creation plan which can be further developed.
Pegasus Entrepreneurs is led by Sponsor & CEO Pierre Cuilleret, who brings 30 years of professional experience in growing companies and creating value as a serial entrepreneur, investor and board member. The company is backed by sponsors Tikehau Capital, Financière Agache, Pierre Cuilleret, Diego De Giorgi and Jean-Pierre Mustier.
Pierre Cuilleret, Sponsor & CEO of Pegasus Entrepreneurs, said: “We are pleased to have successfully raised €210 million on Euronext Amsterdam on this upsized SPAC. We are excited to start the process of finding a promising European, entrepreneurial business to partner with. Pegasus Entrepreneurs combines real-world experience of nurturing entrepreneurial DNA with the long-term vision, committed capital and unique deal sourcing of our institutional sponsors Tikehau Capital and Financière Agache to create real value.”
Pegasus Entrepreneurs follows the successful listing of Pegasus Acquisition Company Europe B.V. (ticker code: PACE and PACEW) on Euronext Amsterdam earlier this year.
About Pegasus Entrepreneurial Acquisition Company Europe B.V. Pegasus Entrepreneurial Acquisition Company Europe B.V. (Pegasus Entrepreneurs) is a Special Purpose Acquisition Company (SPAC) focused on entrepreneurial European growth companies. Backed by serial entrepreneur Pierre Cuilleret and institutional sponsors Tikehau Capital SCA and Financière Agache, Pegasus Entrepreneurs successfully raised €210 million in gross offering proceeds and listed on Euronext Amsterdam (ticker code: PEACE and PEACW) on 10 December 2021. Pegasus Entrepreneurs now targets a business combination with a European headquartered business that has a track record of achieving high growth and has a clear growth and value creation plan which can be further developed with the expertise, additional capital and a listing obtained by entering into a business combination. For further information please visit pegasuseurope.com/investor-relations/peace