TPG Pace Holdings, a TPG-backed blank check company formed by hotwire.com founder Karl Peterson, filed on Wednesday with the SEC to raise up to $400 million in an initial public offering. The Fort Worth, TX-based company was formed in 2017 and it plans to...read more
This past week saw the last three IPOs of 2016 raise $735 million. IPO investors were stubborn until the end, as all three had to price at large discounts to public peers and below expectations. After hitting all time highs earlier in the week, markets...read more
Playa Hotels & Resorts (PLYA), which owns 13 all-inclusive beach resorts in Mexico and the Caribbean, announced Tuesday it has entered into a merger agreement with Pace Holdings (PACEU), a special purpose acquisition company backed by TPG. ...read more
Pace Holdings, a TPG-backed blank check company led by the co-founder of Hotwire.com, raised $400 million by offering 40 million shares at $10, as expected. Pace Holdings plans to list on the Nasdaq under the symbol PACEU. Deutsche Bank and Citi acted as lead...read more
No relaxing at the beach: SPAC TPG Pace Holdings files for a $400 million IPO
TPG Pace Holdings, a TPG-backed blank check company formed by hotwire.com founder Karl Peterson, filed on Wednesday with the SEC to raise up to $400 million in an initial public offering. The Fort Worth, TX-based company was formed in 2017 and it plans to...read more
US IPO Weekly Recap: trivago leads final 3 IPOs of 2016 with an 8% return
This past week saw the last three IPOs of 2016 raise $735 million. IPO investors were stubborn until the end, as all three had to price at large discounts to public peers and below expectations. After hitting all time highs earlier in the week, markets...read more
Playa Hotels & Resorts announces $1.75 billion merger with TPG-backed SPAC Pace Holdings
Playa Hotels & Resorts (PLYA), which owns 13 all-inclusive beach resorts in Mexico and the Caribbean, announced Tuesday it has entered into a merger agreement with Pace Holdings (PACEU), a special purpose acquisition company backed by TPG. ...read more
TPG blank check company Pace Holdings prices $400 million IPO at $10 per unit
Pace Holdings, a TPG-backed blank check company led by the co-founder of Hotwire.com, raised $400 million by offering 40 million shares at $10, as expected. Pace Holdings plans to list on the Nasdaq under the symbol PACEU. Deutsche Bank and Citi acted as lead...read more