Accuracy advises SPAC Pegasus Entrepreneurs
Accuracy has been assigned by SPAC Pegasus Entrepreneurs to perform the financial due diligence in the context of the following operation:
FL Entertainment (composed of Banijay Group and Betclic Everest Group) is merging with SPAC Pegasus Entrepreneurs, which has been backed by European investment firm Tikehau Capital and Financière Agache.
Transaction gives implied pro forma equity value of €4.1 billion and pro forma enterprise value of €7.2 billion – the largest business combination by a European-listed SPAC
The Banijay Group is the world’s largest independent content production company. The Betclic Everest Group operates in the online sports betting and gaming segment.