Ticker Launch

SPAC · Merger completed

Foley Trasimene Acquisition Corp. II

Business combination with Paysafe Group Holdings Limited

Foley Trasimene Acquisition Corp. II is a blank-check company (SPAC) that raised $1.3B in its initial public offering on Aug 20, 2020, listing on New York Stock Exchange. It completed its business combination with Paysafe Group Holdings Limited on Mar 30, 2021; the combined company is Paysafe Limited (PSFE). Trasimene Capital led the IPO. Weil, Gotshal & Manges advised the SPAC and Davis Polk advised the underwriters on the IPO.

Paysafe Group Holdings Limited is an integrated payments platform offering payment processing, digital wallet and online cash solutions to businesses and consumers. It supports 70 payment types in over 40 currencies and has about 3,000 employees in more than 12 locations.

Status
Merger completed
IPO date
Aug 20, 2020
IPO size
$1.3B
IPO exchange
New York Stock Exchange
Target
Paysafe Group Holdings Limited
Announced
Dec 7, 2020
Closed
Mar 30, 2021
Combined company
Paysafe Limited (PSFE)
IPO underwriters
Trasimene Capital
SPAC counsel (IPO)
Weil, Gotshal & Manges
Underwriters' counsel (IPO)
Davis Polk

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