Institutional Financial Research & Analytics
Special Purpose Acquisition Companies

SPAC & Transaction Support

From Target Identification to Transaction Positioning

SPAC transactions require a disciplined view of the target, the market opportunity and the investment case. Asterion supports sponsors, transaction teams and advisers from initial target screening through diligence, valuation and preparation of investor-facing materials.

Approach & Methodology

Our work can cover the target’s business model, financial profile, competitive positioning, industry structure, market size, peer set and key investment risks.

We also support transaction positioning through company profiles, investor presentations, peer benchmarking, financial analysis, investment highlights and other marketing materials.

The aim is to help transaction teams move from a broad target universe to a well-supported investment narrative grounded in financial and commercial evidence.

Workflows & Analytical Scope

Our support can be configured around specific questions or embedded within existing client coverage routines:

SPAC target screening and pipeline qualification
Target commercial due diligence support
Market opportunity and addressable market validation
Financial profile review and quality of earnings analysis
Valuation benchmarking against public comps and de-SPAC peers
Transaction comparables and pro-forma ownership modelling
PIPE and institutional investor presentation support
Transaction marketing materials and investor roadshows
Investment highlights and risk framing documentation
De-SPAC transaction timeline and milestone tracking
Decision-Oriented Inquiry

Key Questions We Address

“Does the target company possess the public-market readiness and reporting maturity required?”
“How realistic are management projections compared to industry historical benchmarks?”
“What valuation multiple ensures attractive risk-adjusted entry for PIPE investors?”
“How should the equity story and growth narrative be framed for institutional roadshows?”
Tangible Work Products

Typical Deliverables

  • Target screening shortlists with evaluation criteria
  • De-SPAC investor roadshow presentation decks
  • Pro-forma capitalization and dilution models
  • Independent valuation benchmarking exhibits
  • Commercial due diligence executive summaries
Institutional Research Mandates

Accelerate Your SPAC Support Workflows

Connect with our research team to structure an engagement around your specific transaction or coverage requirements.

Public Markets•Private Capital•Credit•Investment Banking•SPACs•Family Offices•Wealth Management