*No analysts have provided price targets for this stock.
Financial Performance
Financial Overview
No financial data available for this stock yet.
Company Profile
Company Details
Full Name
Altimar Acquisition Corp.
Country
United States
CEO
Tom Wasserman
Stock Information
Ticker Symbol
ATAC
Stock Exchange
NYSE
Industry
Blank Checks / SPAC
Unique Identifier
NYSE: ATAC
IPO Date
October 23, 2020
Description
Altimar Acquisition is a newly organized blank check company incorporated as a Cayman Islands exempted company for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities. Our sponsor, Altimar Sponsor, LLC, is affiliated with HPS Investment Partners, LLC (“HPS”). HPS is a global investment firm with approximately $63 billion of assets under management as of September 1, 2020. Given the breadth and reach of our sponsor’s global franchise, we have chosen to remain flexible as we search for targets, however, we do plan to focus on four key industries where we believe HPS has strong expertise; technology, media and telecommunications (“TMT”), Healthcare, Financial Services/ Financial Technology and Consumer. As one of the world’s largest private credit investors that has flexibility to deploy capital across the capital structure, we believe HPS is well positioned to become a long-term partner to a prospective target company. We believe HPS’s long standing experience in partnering with business owners and management teams and helping companies through their growth cycles through bespoke debt and equity financing solutions, will prove to be a substantial benefit to an acquisition target.