InterPrivate Acquisition Corp. (IPV) is the first Special Purpose Acquisition Company whose mandate targets investment opportunities to be co-sponsored by independent private equity dealmakers seeking access to the US public markets. IPV also intends to leverage InterPrivate’s significant family office network to augment deal flow and access transaction completion capital.
We launched IPV in February 2020 for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses or entities within 21 months of our IPO. IPV’s units were listed on the New York Stock Exchange in February 2020 under the symbol “IPV.U,” and its shares and warrants are expected to be listed under the symbols “IPV” and “IPV.WS,” respectively.
IPV was formed by Ahmed M. Fattouh, IPV’s Chairman and Chief Executive Officer, and InterPrivate LLC, a private investment firm founded by Mr. Fattouh that invests on behalf of a consortium of family offices in partnership with independent sponsors who have accumulated substantial industry expertise and decades of experience from leading private equity firms. We believe the expertise and experience of our team in structuring complex transactions and accessing capital for growth, combined with our unique access to InterPrivate’s extensive network of relationships, will make us a partner of choice for potential business combination targets. We intend to focus our efforts on evaluating business combination targets by leveraging our deep network of independent sponsors, family offices and private equity firms.
Importantly, our sponsor entity has been structured to partner with experienced third-party investors and dealmakers, augmenting our own sourcing and execution capacity. We welcome collaboration inquiries from prospective partners.