Catalyst Partners Acquisition Corp.

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General Information
Business:
Our objective is to partner with a disruptive software business with demonstrated strong momentum, platform characteristics and multiple avenues of growth in a large addressable market with favorable secular trends, by leveraging the industry expertise, relationships and network of our management team, directors and sponsor, their experience building companies as founders, advisors, leaders and board members, and the capital raised in this offering. Beyond the core business objective to help acquire and take an enterprise software company public, our team and board of directors are united around a common goal: to invest in the next generation of Black entrepreneurship and leadership. Pursuant to this goal, Catalyst Partners Acquisition Corp. will contribute a portion of its sponsor economics to support the creation of a Catalyst Partners Foundation, a non-for-profit entity to champion initiatives supporting the economic empowerment and inclusion of underrepresented groups. (Catalyst Partners Acquisition Corp. is incorporated in the Cayman Islands.)
Our sponsor is an affiliate of General Catalyst, a technology-focused investment firm with offices in San Francisco, Palo Alto, New York, and Boston, with approximately $7.5 billion raised in total subscriptions over 10 fund vintages. General Catalyst has successfully executed over 465 private transactions with companies in various stages of their life cycles, from early to mid-stage and late-stage investments, including over 45 companies with an enterprise value over $1 billion. The firm has helped support the growth of businesses such as Airbnb, BigCommerce, Cazoo, Datto, Deliveroo, Demandware, Gusto, HubSpot, Livongo Health, Ping Identity, Oscar, Samsara, Snap, Stripe, and Warby Parker. 
(Note: Catalyst Partners Acquisition Corp. priced its SPAC IPO on May 17, 2021, in line with the downsized terms in its prospectus: 30 million units at $10 each to raise $300 million. The size of the SPAC IPO was cut on May 3, 2021, to 30 million units, down from 40 million units in its initial filing in March, according to an S-1/Z filing.)
Industry: BLANK CHECKS
Employees: 0
Founded: 2021
Contact Information
Address 20 University Road Fourth Floor Cambridge, MA 02138
Phone Number 617-234-7000
Web Address
View Prospectus: Catalyst Partners Acquisition Corp.
Financial Information
Market Cap $390.0mil
Revenues $0 mil (last 12 months)
Net Income $0 mil (last 12 months)
IPO Profile
Symbol CPARU
Exchange NASDAQ
Shares (millions): 30.0
Price range $10.00 - $10.00
Est. $ Volume $300.0 mil
Manager / Joint Managers Goldman Sachs
CO-Managers
Expected To Trade: 5/18/2021
Status: Priced
Quiet Period Expiration Date:
Lock-Up Period Expiration Date:
SCOOP Rating
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