Greenberg Traurig is advising ‘acquisition vehicle’ Admiral Acquisition as it raises $550 million ahead of an IPO on the London Stock Exchange. 

Co-founded by Sir Martin E. Franklin—who has established several special purpose acquisition companies (SPAC) over the years—Admiral has itself been closely linked to the SPAC model. However, the company has distanced itself from the term in its prospectus, instead describing itself as an acquisition vehicle.