Syniverse is going public through a SPAC merger with M3-Brigade Acquisition II Corp. As a result of the merger, Syniverse will be listed on the New York Stock Exchange with a post-transaction equity value of approximately $2.9 billion. As a part of this transaction, Twilio will become a significant minority owner of Syniverse. Tampa, Florida-based Syniverse is represented by Debevoise & Plimpton. The SPAC is advised by a Wachtell, Lipton, Rosen & Katz team led by partner John Robinson. San Francisco-based Twilio is represented by Kirkland & Ellis and DLA Piper.
Telecommunications
August 16, 2021, 8:20 PM