Leading Pan-European EV Charging Company Allego to Become a Publicly Traded Company Through Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III
Vinson & Elkins advised Spartan Acquisition Corp. III, a publicly-listed special purpose acquisition company, in a business combination with Allego Holding B.V. (“Allego”), a leading pan-European electric vehicle charging network.
The transaction, which values Allego at a pro forma equity value of approximately $3.14 billion and expects total gross proceeds of $702 million, will create a leading publicly traded pan-European electric vehicle charging company.
The V&E corporate team was led by partners Ramey Layne and Lande Spottswood. Partner Jason McIntosh provided tax advice.
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