Churchill Capital Corporation is a leader in listed equity growth vehicles. Our special purpose acquisition companies (“SPACs”) have a track record of acquiring profitable, growing businesses of scale. We work with 22 high performing Fortune 500 executives to invest, execute value enhancement strategies, and operate Churchill’s businesses in the public market. Churchill’s mergers have been some of the largest in history.
The breadth of the Churchill Capital Corp franchise allows us to execute multiple transactions across industries. With numerous vehicles comes enhanced investment flexibility: Churchill Capital Corp has the unique opportunity to consider and pursue targets of various scales as opportunities arise.
Churchill Capital Corp VII (NYSE: CVII.U) launched in February 2021, raising $1.2 billion at its IPO. This company was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It may pursue an initial business combination target in any business or industry.
The first Churchill SPAC, Churchill Capital Corp (NYSE: CCC), launched in September 2018, and raised $690 million in its IPO. The company merged with Clarivate Analytics Plc (“Clarivate”), a global leader in providing trusted insights and analytics to accelerate the pace of innovation, in May 2019.
Churchill Capital Corp II (NYSE: CCX.U), launched in June 2019, raising $690 million in its IPO. In October 2020, the company entered an agreement with Software Luxembourg Holding S.A. (“Skillsoft”), a global leader in digital learning and talent management solutions.
In February 2020, Churchill Capital Corp III (NYSE:CCXX.U) completed its $1.1 billion IPO. In July 2020, Churchill Capital Corp III announced a definitive agreement to merge with MultiPlan, Inc. (“MultiPlan”), a market-leading technology enabled provider of end-to-end healthcare cost management solutions. The acquisition closed in October 2020.
Our other SPACs include Churchill Capital Corp IV (NYSE:CCIV.U), which completed its $2.07 billion IPO in July 2020; Churchill Capital Corp V (NYSE: CCCV.U), which launched in December 2020, raising $500 million during its IPO; and Churchill Capital VI (NYSE: CCVI.U), which completed its $480 million IPO in February 2021.
Churchill Capital also partnered with CF Finance Acquisition Corporation to acquire GCM Grosvenor, one of the world’s largest independent alternative asset management firms in 2020.
Our founder, Michael Klein, is also the founder and Managing Partner of global strategic advisory firm M. Klein and Company, est. 2012. Mr. Klein is a strategic advisor to global companies, boards of directors, senior executives, governments and institutional investors. Mr. Klein’s background in strategic advisory work was built during his 35-year career, including more than two decades at Citigroup Inc. (“Citi”) and its predecessors, during which he initiated and executed strategic advisory transactions.