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Stanton represents Pathfinder Acquisition Corp. as it merges with Movella Inc. in a SPAC deal valued in the $537M range.
Movella’s sensors, software and analytics products enable the digitalization of movement and are used in the entertainment, health & sports, automation and mobility markets.
Its customers include NBCUniversal, Siemens, Daimler and Electronic Arts.
Pathfinder CEO David Chung said Movella is positioned to provide critical enabling technology for the Metaverse, next-generation gaming and other high-growth emerging end markets and applications.
Movella, which has been backed by Kleiner Perkins from its inception, also counts GIC and Columbia Threadneedle as core investors.
It expects to reach the breakeven point during Q3 2023 and turn a profit in Q4.
Stanton’s Tom Faust handles Pathfinder Acquisition Corp.
Teneo is handling the initial public offering of CVC Capital Partners, one of Europe’s largest private equity firms with nearly $200B in assets under management.
Brunswick Group represents Endeavor Group Holdings as it agrees to go private via its acquisition by Silver Lake technology investment firm, which is handled by Edelman Smithfield.
Tod Donhauser, a nine-year veteran of Edelman, has joined H/Advisors Abernathy as managing director and head of its San Francisco office.
Intelligent Group Ltd, a Hong Kong-based financial PR firm, has priced its initial public offering of 1.9M shares at $4, which is the low end of the $4 to $5 range.
Kekst CNC represents Grant Thornton as it sells a majority stake in its US arm to New Mountain Capital, which relies on Goldin Solutions, in what is billed as the largest PE investment in the accounting and advisory sector.
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