Benzinga · Jun 17, 2021
Mirion Technologies Gets SPAC Deal With GSAH: What Investors Should Know
Mirion Technologies, a leader in the radiation hardware, software and alignment for hospitals, urgent care clinics, dental offices, veterinary offices and nuclear power plants, announced a SPAC merger Thursday. The SPAC Deal: Mirion Technologies is going public with GS Acquisition Holdings Corp II (NYSE: GSAH). The company is valued at $2.5 billion in the SPAC deal. A PIPE of $900 million includes investments from Janus Henderson Investors, Fidelity Management, BlackRock Inc (NYSE: BLK), Neuberger Berman and Goldman Sachs Group Inc (NYSE: GS). Public GSAH shareholders will own 36.8% of the company after the merger. About Mirion: In business for more than 50 years, Mirion is the global leader in ionizing radiation detection and measurement technologies, holding a market share leading position in 14 of 17 operating categories. The company said there are high barriers to entry and counts its strong history of relationships with customers as a ...
