Overview
International law firm McDermott Will & Emery represented the North Atlantic Acquisition Corporation (NAAC), a publicly traded special (NASDAQ: NAAC) purpose acquisition company (SPAC), in its business combination with TeleSign, a leader in digital identity and CPaaS software solutions for global enterprises. TeleSign intends to go public at an enterprise value of $1.3 billion, and with this transaction, the company expects to accelerate its investment and fund its growth.
- The transaction was announced on December 16, 2021 and is expected to close in Q2 2022.
- The McDermott team was led by Ari Edelman and included Meir Lewittes, John Robert Jordan Wampler, Caroline Sandy, Eric Klee, David Saunders, Michelle Strowhiro, Erin Turley, and Brian Tratner.
- Read NAAC and TeleSign’s combined press release here.
About McDermott
McDermott Will & Emery partners with leaders around the world to fuel missions, knock down barriers and shape markets. Our team works seamlessly across practices, industries and more than 20 locations to deliver highly effective—and often unexpected—solutions that propel success. More than 1,200 lawyers strong, we bring our personal passion and legal prowess to bear in every matter for our clients and the people they serve.
