Events.com, a leading event management platform, has announced its intention to go public by merging with Concord Acquisition Corp II, a special purpose acquisition company affiliated with Atlas Merchant Capital. The transaction values Events.com at a pre-money equity value of $314 million and an implied pro forma enterprise value of $399 million. The combined entity, to be named Events.com, aims to list on the New York Stock Exchange under the ticker symbol RSVP. The merger is expected to drive growth, enhance product offerings, and advance AI-driven personalization initiatives. Key executives, including CEO Mitch Thrower and President/COO Stephen Partridge, will remain with the company, while Bob Bellack will join as CRO. The deal includes a $100 million capital commitment from Gem Global Yield LLC SCS to fuel further expansion and strategic acquisitions. The transaction awaits regulatory and stockholder approvals and is poised to enhance the company’s standing in the $936 billion event sector.
Event Management, Technology & SaaS, Private Equity,United States, New York, California
https://www.raptorgroup.com/news/events-com-to-go-public-on-nyse-through-business-combination-with-concord-acquisition-corp-ii/