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News by FinTech Collective Archive

Dragoneer joins blank-check craze with $600m U.S. listing

Sarah Wolter

July 27, 2020

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Sarah Wolter

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.

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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.

https://www.bloomberg.com/news/articles/2020-07-24/dragoneer-joins-blank-check-craze-with-600-million-u-s-listing

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