Acquiring Company
Global Technology Acquisition I
Acquired Company
Tyfon
Description
Global Technology Acquisition I and Tyfon have filed a registration statement for their planned merger. The deal, announced with a post-transaction enterprise value of $434 million, is expected to close in the second half of 2024. After the merger, Tyfon Culture will list on the Nasdaq under the ticker symbol TFCI.
Quick answer
Global Technology Acquisition I is acquiring Tyfon, announced May 24, 2024.
- How much did Global Technology Acquisition I pay for Tyfon?
- The deal value was not disclosed.
- What does Global Technology Acquisition I do?
- Global Technology Acquisition Corp. I is a special purpose acquisition company specializing in facilitating business combinations and taking private companies public through merger transactions.
- Where are Global Technology Acquisition I and Tyfon based?
- Tyfon is based in China.
Source: Fundz verified event record.
Other recent acquisitions in E Commerce and Marketplace
Deals where the buyer or target shares a sector with this one, within 45 days, from Fundz verified event records.
- Cartrade Tech acquires OLX; OLX to Focus on Classified Business (May 14, 2024)
- AppDirect completes acquisition of Builtfirst to enhance marketplace solutions (May 9, 2024)
- Global Technology Acquisition Corp. I to merge with Tyfon Culture Holdings Limited to create Tyfon Culture Inc. (May 24, 2024)
- Global Technology Acquisition Corp. I to merge with Tyfon, Leading Art Marketplace, to create Tyfon Culture Inc. (May 15, 2024)
- The Knot Worldwide completes acquisition of Simply Eloped to support unique weddings (July 8, 2024)
- HBC, the owner of Saks Fifth Avenue, acquires Neiman Marcus, creating a luxury retail giant (July 4, 2024)
Who to call at Global Technology Acquisition I, and when
When Global Technology Acquisition I changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day Global Technology Acquisition I raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Global Technology Acquisition I, from your own LinkedIn network
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Frequently asked
Who acquired Tyfon?
Tyfon was acquired by Global Technology Acquisition I. The deal was reported on May 24, 2024. Global Technology Acquisition Corp. I is a special purpose acquisition company specializing in facilitating business combinations and taking private companies public through merger transactions. Global Technology Acquisition I is privately held.
When did Global Technology Acquisition I acquire Tyfon?
Global Technology Acquisition I's acquisition of Tyfon was reported on May 24, 2024. Global Technology Acquisition I and Tyfon have filed a registration statement for their planned merger. The deal, announced with a post-transaction enterprise value of $434 million, is expected to close in the second half of 2024. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Tyfon do?
It is privately held, operating in E Commerce, and is based in China.
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