EisnerAmper launches the SPAC group
A SPAC is an entity made up of investors or sponsors with specific sector expertise in order to raise public capital and pursue future acquisitions. It is specifically created to buy an existing private company after the IPO process. With the increase in regulation and sponsor activity, PSPCs face a variety of challenges including SEC reporting requirements, implementation of new standards, due diligence and integration issues. , technical accounting needs, audit of financial statements and internal control compliance.
The EisnerAmper SPAC team is made up of experts in the areas of Outsourced Support Services, Cloud Accounting, Technical Accounting, Tax Planning & Consulting, Transaction Consulting, Compensation Planning and other advisory services for PSPCs and their target businesses. The group will provide essential integrated services at every stage of the PSPC lifecycle, including (1) PSPC formation and IPO; (2) PSPC operations before target merge; (3) de-SPAC; and (4) after the merger.
“Due to the complex nature of PSPCs, you need a dynamic team of experts in risk management, training, valuation and accounting aspects to become a public entity,” said Nina Kelleher, Director of EisnerAmper and SPAC team leader. “Our specialists are committed to helping businesses through the process to achieve their PSPC goals.”
“This is an exciting opportunity for the firm and yet another way to grow our practice while providing innovative solutions that clients demand,” added Jay weinstein, EisnerAmper Vice President of Industries and Markets.
About EisnerAmper LLP
EisnerAmper LLP, one of the world’s largest professional services firms, is a leading accounting, tax and business consulting firm. EisnerAmper provides auditing, accounting and tax services; assessment, due diligence, internal audit and risk management, litigation and forensic accounting advice; as well as technology, compliance and regulation, operational advice and other professional services to a wide range of clients, including services to more than 200 public companies. The company has more than 200 partners and directors and more than 2,000 employees. For more information, please visit eisneramper.com, and be sure to follow us on Twitter and LinkedIn.
SOURCE EisnerAmper LLP