Alignvest Acquisition files to launch $125 mln IPO
Alignvest Acquisition Corp, a special purpose acquisition vehicle sponsored by Canadian alternative investment firm Alignvest Management Corp, has filed a prospectus to launch an initial public offering (IPO). The IPO is intended to raise proceeds totaling $125 million. Alignvest Acquisition, one of two vehicles associated with Alignvest's private market strategies, will focus on acquisitions and related transactions that target North American companies with an estimated enterprise value of between $250 million and $1.25 billion. IPO units are being distributed by TD Securities, Cantor Fitzgerald & Co, BMO Nesbitt Burns and CIBC World Markets.
25 May 2015•6 mins read
