Download the Complete Report Here
By Rayk Riechmann
After closing several successful SPAC transactions across different market cycles and industries, veteran dealmaker Harry You seeks a new adventure – this time in the white-hot industries of AI, wellness and longevity.
With his new $300 million blank-check company, Berto Acquisition Corp. (Nasdaq: TACO), Mr. You is targeting growth-stage businesses that will thrive in good and bad weather alike.
While TACO does not formally limit itself to a specific industry, the management team has identified the above-mentioned thematic areas as especially attractive, based on current industry trends and how TACO’s operational expertise can be valuable to a target company. The team has also expressed that an initial successful transaction could be complemented by subsequent acquisitions.
TACO’s executive team boasts decades of deal-making experience, operational expertise, and a robust network of strategic and financial partners, offering more than just a public listing. By guiding through the whole process, preserving trust and valuation integrity, the goal is to build post-merger momentum.
Importantly, the TACO team stands out in the SPAC industry with incredibly low redemption rates at past combination closes, reflecting high market confidence in de-SPAC entities and value creation ability. Across its most successful deals including Rush Street Interactive (NYSE: RSI), Genius Sport (NYSE: GENI), IonQ (NYSE: IONQ), and Planet Labs (NYSE: PL), redemption rates were extraordinarily low, ranging between 0% and 3%. During the same period, the average SPAC industry redemption rate was at approximately 68%.
This sponsor has shown it can create value for investors and partners alike. Check out or full report below and sign up for our weekly newsletter to not miss out on any industry news.
Download the Complete Report Here
Subscribe to our Weekly Newsletter to Receive All Research
Contact:
