Note: GP-Act III Acquisition Corp. filed a new S-1 on April 19, 2024, with plans for its SPAC IPO: 25.0 million units at $10.00 each to raise $250.0 million. Each unit consists of  one share of common stock and one half of a warrant.

Note: This new IPO filing follows the withdrawal of its previous SPAC IPO plans on Nov. 16, 2022.

We are a blank check company. While we may pursue an initial business combination target in any industry or geographic location (subject to certain limitations described in this prospectus), we intend to focus our search on high potential businesses based in the United States. (Incorporated in the Cayman Islands)

Our co-sponsor, GPIAC II, LLC, is a wholly owned subsidiary of GP Investments, a leading private equity and alternative investment firm with over 30 years of history assisting companies to develop, grow and build long lasting capabilities through operational and governance improvements. Since its founding in 1993, GP Investments has completed over 50 private equity investments, has executed over 30 equity capital market transactions and has raised more than $5.0 billion through eight funds.

GP Investments played an active role in the first wave of the internet investment in Brazil. GP Investments backed more than 20 companies during that period and was instrumental in the emergence of dominant technology platforms such as Submarino, Ibest, and IG. Today, GP Investments has a global reach with offices in São Paulo, New York, London and Bermuda. Since 2006, GP Investments has had its Class A Shares traded in the form of Brazilian Depositary Receipts on the São Paulo Stock Exchange (“B3 S.A. – Brasil, Bolsa, Balcão” or “B3”) and its Class A Shares admitted to listing on the Official List of the Luxembourg Stock Exchange and admitted to trading on its Euro MTF market.

GP Investments is led by experienced professionals, including Fersen Lamas Lambranho (Co-Chairman and the Chairman of GP Investments), Antonio Bonchristiano (Chief Executive Officer and the Chief Executive Officer of GP Investments) and Rodrigo Boscolo (Chief Financial Officer and the Chief Financial Officer of GP Investments), among others. GP Investments has a group of highly talented professionals, with a strong reputation in the private equity industry, who have been working together for 17 years, on average. The investment team has significant financial and operational expertise, having successfully completed private equity and capital market transactions in many industries throughout various economic cycles in Brazil, the United States and Europe. Many of the senior professionals at GP Investments also have direct operating experience in C-suite roles. The GP Investments team possesses a common, disciplined investment philosophy, a complementary set of skills and a deep understanding of the markets and industries in which GP Investments operates and has made investments.

We believe “GP” is one of the premier investment firm brands in Latin America, and that it is synonymous with integrity, entrepreneurship, meritocracy and professionalism. These qualities have helped GP Investments attract and retain top talent, source and successfully complete transactions, and find co-investors for larger deals, which we believe will continue to help us in the future. The GP Investments brand and network expand beyond Brazil, as GP Investments has investment professionals on the ground in the United States and Europe.

Some of GP Investment’s key investments in the consumer, business services, industrial and technology sectors include Grupo SBF (BVMF:SBFG3), Latin America’s largest retailer of sporting goods; YDUQS (BVMF:YDUQ3) (formerly known as Estácio Participações), one of the largest post-secondary educational institutions in the world; BR Malls (BVMF:ALOS3), one of the largest and most profitable shopping mall operators in Latin America; Hypera Pharma (BVMF:HYPE3) (formerly known as Hypermarcas), one of the largest pharmaceutical companies in Brazil; Fogo de Chão, a renowned Brazilian steakhouse chain which was recently acquired by Bain Capital for $1.1 billion; Wiz (BVMF:WIZC3), a complete insurance broker specializing in bancassurance and a consortium and credit distributor in Brazil; RHI Magnesita (LON:RHIM), the global leader of the refractory industry, with over 30 plants in 16 different countries; Sascar, a leading Brazilian fleet management and cargo tracking services firm, currently owned by Groupe Michelin; BR Towers, an important player in the tower sites management sector in Brazil; Akad Seguros, a leading P&C insurtech in Brazil, which recently acquired Argo Group’s Brazilian subsidiary; and Rimini Street (NASDAQ:RMNI), a global provider of enterprise software products and services.