This year’s boom in special-purpose acquisition companies could make way for at least 20 private equity-backed companies to go public in 2021, according to PitchBook.
It has been a banner year for SPACs: Over 200 launched in 2020, dwarfing the 52 raised in 2019. This year alone, SPACs have raised as much money as they did over the previous decade, as Institutional Investorpreviously reported. READ MORE