Greenberg Traurig, Kirkland & Ellis and Herbert Smith Freehills have won roles advising on a reverse takeover acquisition by a rare London-listed special purpose acquisition company (SPAC), which is “de-SPACing” as part of a $2 billion deal.

British Virgin Islands-based SPAC Everarc is set to acquire SK Invictus Holdings, an affiliate of SK Capital Partners and the parent company of U.S. firefighting materials manufacturer Perimeter Solutions.