IPO Edge was pleased to host Michael Klein, Chairman and CEO of Churchill Capital Corp, for a fireside chat during the 23rd Annual ICR Virtual Conference on January 12. Mr. Klein spoke with IPO Edge Editor-in-Chief John Jannarone for over an hour, discussing topics including:
- The most attractive industry sectors for SPACs
- The emergence of pre-revenue companies in SPAC deals
- The dynamic for SPACs such as Churchill’s that seek larger targets
- Skillsoft (merging with Churchill Capital Corp II, NYSE: CCX)
- Multiplan Corporation (NYSE: MPLN)
- Clarivate Plc (NYSE: CCC)
- Churchill Capital Corp V (NYSE: CCV.U)
- Churchill Capital Corp IV (NYSE: CCIV)
To watch a replay of the fireside chat with Mr. Klein, please CLICK HERE.
Michael Klein is the Chief Executive Officer and Chairman of the Board of Directors of the Churchill Capital Corp group of public equity growth companies. Mr. Klein founded the initial Churchill public equity growth vehicle in 2018, and has raised over $5 billion in IPO capital to date. Churchill companies have successfully announced mergers with Clarivate, MultiPlan, Skillsoft and Global Knowledge. Mr. Klein currently serves on the board of directors of MultiPlan, Inc. Mr. Klein is currently a Director of Credit Suisse Group AG and Credit Suisse AG. Mr. Klein is the founder and managing partner of M. Klein and Company, which he founded in 2012. M. Klein and Company is a global strategic advisory firm that provides its clients a variety of advice tailored to their objectives. Mr. Klein is a strategic advisor to global companies, boards of directors, senior executives, governments and institutional investors. Mr. Klein’s background in strategic advisory work was built during his 30-year career, including more than two decades at Citi and its predecessors, during which he initiated and executed strategic advisory transactions. He began his career as an investment banker in the M&A Advisory Group at Salomon Smith Barney and subsequently became Chairman and Co-Chief Executive Officer of Citi Markets and Banking, with responsibilities for global corporate and investment banking and Global Transaction Services across Citi. Mr. Klein is a graduate of The Wharton School of the University of Pennsylvania, where he earned his Bachelors of Science in Economics with concentrations in finance and accounting.
About Churchill Capital Corp
Churchill Capital Corp is a group of public equity growth companies whose sponsor is an affiliate of M. Klein and Company, LLC. On Monday, January 11, 2021, Churchill Capital Corp VI and Churchill Capital Corp VII filed concurrently and plan to raise $400 million and $300 million, respectively. Klein’s previous SPACs include Churchill Capital Corp V (CCV.U), which raised $500 million in December 2020; Churchill Capital Corp IV (CCIV), which raised $2.0 billion in July 2020; Churchill Capital Corp III, which went public in February 2020 and completed its merger with MultiPlan (MPLN) in October 2020; Churchill Capital Corp II (CCX), which went public in June 2019 and has a pending merger agreement with Skillsoft and Global Knowledge; and Churchill Capital Corp I, which went public in September 2018 and acquired Clarivate Analytics (CCC) in May 2019.