Roman DBDR Acquisition Corp. II

Roman DBDR Acquisition Corp. II (DRDB) is a blank-check company (SPAC) that raised $200M in its initial public offering on Dec 13, 2024, listing on Nasdaq. It agreed to combine with ThomasLloyd Climate Solutions B.V., announced on Feb 27, 2026, at a stated value of $850M. The deal has not closed yet. B. Riley led the IPO. Ellenoff Grossman & Schole advised the SPAC and Kirkland & Ellis advised the underwriters on the IPO.

ThomasLloyd Climate Solutions B.V., founded in 2003, is a vertically integrated sustainable energy and technology provider combining development, investment, operations and technology. It works across renewable power generation, grid infrastructure, sustainable fuels, water and waste treatment, energy efficiency and climate finance, serving governments, corporations and investors.

Status

Deal announced

Ticker

DRDB

IPO date

Dec 13, 2024

IPO size

$200M

IPO exchange

Nasdaq

Target

ThomasLloyd Climate Solutions B.V.

Target sector

Energy

Announced

Feb 27, 2026

Stated deal value

$850M

Combined company

TL Topco PLC

IPO underwriters

B. Riley

SPAC counsel (IPO)

Ellenoff Grossman & Schole and Ogier

Underwriters' counsel (IPO)

Kirkland & Ellis