Allego N.V. Goes Public via Business Combination with Spartan Acquisition Corp. III
March 17, 2022
Allego N.V., a pan‑European electric vehicle charging network, completed a business combination with Spartan Acquisition Corp. III and began trading on the NYSE under the ticker ALLG following a transaction that provided approximately $161 million of gross proceeds (including a PIPE). Strategic partners including Fisker and Landis+Gyr and institutional investors (including funds managed by Apollo affiliates and ECP) participated in the PIPE; Meridiam rolled 100% of its equity and will remain the majority owner to support Allego's continued European expansion.
- Buyers
- Spartan Acquisition Corp. III, Fisker, Landis+Gyr, Apollo Global Management (affiliates), Energy Capital Partners (ECP), Meridiam
- Targets
- Allego N.V.
- Industry
- Energy
- Location
- Netherlands
- Transaction Type
- Buyout
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