Capitol Milestones
- Capitol has raised $1.53 billion in five SPACs since 2007 and closed four SPAC mergers
- 1 of 4 U.S. sponsor teams to close four SPAC transactions with SPACs over $150 million
- 1 of 4 U.S. SPAC issuers to raise 5 SPACs over $100 million with an opportunistic focus
- Only U.S. SPAC issuer with 10+ years of SPAC experience to price 5 SPAC vehicles
Capitol Success Stories
CAPITOL I
In October 2009, Capitol Acquisition Corp. created Two Harbors Investment Corp., a Maryland real estate investment trust. Two Harbors has grown from $119 million to more than $4.4 billion of market capitalization (including a spin-off) and is the third-largest mortgage REIT in the United States.
CAPITOL II
In July 2015, Capitol Acquisition Corp. II merged with Lindblad Expeditions, Inc., a global leader in expedition cruising across all seven continents. The $439 million transaction enabled Lindblad to pursue attractive future growth opportunities including new ship builds and potential acquisitions.
CAPITOL III
In June 2017, Capitol Acquisition Corp. III merged with Cision, a leading global provider of cloud-based earned media solutions. The $2.4 billion transaction enabled Cision to pay down debt, refinance its existing capital structure and pursue future organic growth and M&A opportunities.
CAPITOL IV
In July 2019, Capitol Investment Corp. IV merged with Nesco, a leading specialty equipment rental provider to the electric utility, telecom and rail end-markets. The $1.1 billion transaction enabled Nesco to pay down debt and refinance its existing capital structure and invest in fleet expansion to capture unmet demand.
Team
The Capitol team has extensive experience building and growing successful companies.
