A cross-departmental Matheson team led by Fergus Bolster with fellow Partners, David Jones, Susanne McMenamin, John Ryan, Aidan Fahy, Vahan Tchrakian, Kate McKenna and Pat English, together with team members Thomas Burke, Anna O’Carroll, Audrey Kean, Grainne Boyle, Cillian Dervan, Melissa McCloy, Naomi Douglas, Matthew Moreland, Jade Du Berry, Grace Neary and Chloe Power is pleased to have advised Circle Internet Financial Limited on its announced transaction to go public through a business combination with Concord Acquisition Corp (NYSE: CND), a publicly traded special purpose acquisition company (or SPAC).
Under the terms of the agreement, a new Irish holding company will acquire both Concord and Circle and become a publicly-traded company, expected to trade on the NYSE under the symbol “CRCL”. The transaction values Circle at an enterprise value of $4.5 billion and is anticipated to close in Q4.
