Cartesian Growth Corporation

Cartesian Growth Corporation

Cartesian Growth Corporation (“CGC”) is a newly incorporated blank check company sponsored by an affiliate of. Learn more

Market cap
€224m
Enterprise valuation
€229m (Public information from Sep 2024)
United States (HQ)

Financials

Estimates*

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Revenues, earnings & profits over time
USD20222023
EBITDA(3.6m)(3.7m)
Profit4.9m11.4m
EV / EBITDA-81.5x-86.2x
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DateInvestorsAmountRound
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N/A

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N/A

$345m

IPO
Total Funding-

Recent News about Cartesian Growth Corporation

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More about Cartesian Growth Corporationinfo icon
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Cartesian Growth Corporation (CGC) is a newly incorporated blank check company, also known as a Special Purpose Acquisition Company (SPAC), sponsored by an affiliate of Cartesian Capital Group LLC. CGC's primary objective is to identify and merge with established high-growth companies that can benefit from access to capital and public markets. By doing so, CGC provides these companies with significant growth capital and the financial and operational expertise of its management team and Board of Directors.

CGC operates in the financial services market, specifically targeting high-growth sectors that require substantial capital infusion and strategic guidance to scale effectively. The business model revolves around raising capital through an initial public offering (IPO) and then using those funds to acquire or merge with a promising company. This approach allows the target company to go public without undergoing the traditional IPO process, which can be lengthy and complex.

CGC makes money by acquiring a stake in the merged entity and benefiting from its subsequent growth and increased market valuation. The company serves a diverse range of clients, primarily focusing on those in high-growth industries that are poised for significant expansion but need the financial resources and market access to achieve their goals.

Keywords: SPAC, high-growth, mergers, capital markets, IPO, financial expertise, operational expertise, Cartesian Capital Group, public markets, strategic guidance.

Investments by Cartesian Growth Corporation

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