The U.S. special-purpose acquisition market may be booming, but the SPAC market in London is currently minimal and across Europe, relative to the United States, it has been lackluster at best. But signs of life are starting to emerge across European exchanges with Amsterdam, in particular, emerging as an early leader of European listing venues.

An increasing number of market participants think there is an opportunity for the European SPAC market to grab some of the U.S.’s market share, as demand in the U.S. is outstripping the supply of suitable U.S.-based targets. Despite the early signs of life being shown on other European exchanges, we believe this opportunity could be taken by London.

Paul Amiss