The growth equity firm known for investments in high-profile technology companies, is the latest investor to join the blank-check company rush. Dragoneer said in the filing that it’s committed to investing an additional $150m when the blank-check company identifies a merger target.
Dragoneer Growth will focus on identifying targets in software, internet, media, consumer and retail and health-care IT, as well as financial services and technology, according to the filing. It could also opt for a deal in a different sector.