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Cooley’s M&A Insights for Q3 2022

Cooley M&A

On August 16, 2022, the Inflation Reduction Act was signed into law. Lavoro to Become Publicly Traded Through Business Combination With TPB Acquisition Corporation I. Cooley Shortlisted in Four Categories at The Deal Awards 2022. Cooley Shortlisted in Four Categories for 2022 LMG Life Sciences Awards.

M&A 69
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Cooley’s 2022 Life Sciences M&A Year in Review

Cooley M&A

Although 2022 saw a general decline in M&A activity in the life sciences industry compared to 2021’s frenetic pace (when deal volume was up 52% from 2020 ), life sciences deal flow in 2022 on balance remained strong despite the headwinds. Let’s dig in. Let’s dig in.

M&A 40
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CH Auto Technology Corporation Ltd. Completes Business Combination

Global Newswire by Notified: M&A

a Cayman Islands exempted company (“CH Auto”) and CH-Auto Merger Sub Corp., a Delaware corporation and wholly owned subsidiary of CH Auto (“Merger Sub”).

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Hopin, the struggling virtual conference unicorn, sells events and engagement units to RingCentral

TechCrunch: M&A

An article in the FT from April 2022 noted that its “explore” tab, for discovering virtual confabs that one might want to attend, listed fewer than 500 events, down from more than 15,000 in November 2020. That was a market turn that impacted a lot of businesses , not just Hopin.)

Business 217
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Tiny acquires HappyFunCorp, the prolific firm that’s built apps for Twitter, Amazon and more, for $30M

TechCrunch: M&A

Tiny is based out of Canada and is publicly traded there with a current market cap of around $500 million. Revenues in 2022 were $12 million and it’s on track for more growth this year, Schippers said. HappyFunCorp was founded in 2009, and in the last 14 years it’s racked up its own very long list of big-name customers.

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Upgrade acquires travel-focused BNPL startup Uplift for a song

TechCrunch: M&A

billion in July 2022 following an $800 million round. Meanwhile, publicly traded BNPL companies like Affirm and Australia’s Zip have seen their share prices plummet; Affirm was recently forced to shut down its crypto unit and lay off 19% of its staff. billion to just $6.7

Finance 239
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Behind the Buyouts: Goldman’s Dubner on Rise in Spinoffs

The Deal

The number of such transactions, or “corporate separations” as Dubner calls them, reached their highest in a decade at 30 global deals in 2022, according to a May report from Goldman and Ernst & Young LLP. ’s split into two publicly traded companies, Kellanova (K) and WK Kellogg Co.