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Altimar Acquisition III Priced, NYSE: ATAQ.U

Third blank check company formed by HPS Investment Partners (liquidated).

Industry: SPAC

First Day Return: 0.0%

Industry: SPAC

We are a newly organized blank check company. Our sponsor, Altimar Sponsor III, LLC, is affiliated with HPS. HPS is a global investment firm with approximately $67 billion of assets under management as of December 1, 2020. Building on HPS’s experience in investing in high-quality businesses globally since 2007 and, more specifically, evaluating and negotiating SPAC business combinations with Desktop Metal and Blue Owl Capital, our strategy is to acquire a compelling asset with a world class management team that is poised for growth. Given the vast network of relationships of our management team and HPS principals, we expect to mine a deep set of proprietary opportunities. While we will look at a diverse variety of assets in terms of growth stages and capital structures, we intend to focus on two characteristics as a common theme: a strong organic growth plan coupled with a compelling business model that is materially cash generative at maturity. Our goal is to deliver public shareholders an opportunity to own a long-term, durable compounding equity investment that can produce strong returns.
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Altimar Acquisition III (ATAQ.U) Performance