COBALT advised GS Acquisition Holdings Corp II on the business combination with Mirion Technologies
COBALT advised GS Acquisition Holdings Corp II on the business combination with Mirion Technologies
Private M&A
2021 — 11 — 02

COBALT advised GS Acquisition Holdings Corp II (NYSE: GSAH) on the business combination with Mirion Technologies (Mirion). GS Acquisition Holdings Corp II was a listed special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, stock purchase, or similar business combination with one or more businesses and sponsored by an affiliate of The Goldman Sachs Group, Inc. Mirion is a leading provider of detection, measurement, analysis, and monitoring solutions to the nuclear, defense, medical and research end markets.

Upon completion of the transaction, GSAH changed its name to “Mirion Technologies, Inc.” Mirion’s Class A common stock and warrants began to trade on the New York Stock Exchange under the ticker symbols “MIR” and “MIRW”, respectively. In the course of the transaction, funds of ca. $ 2.33 billion were raised.

Thomas Logan, Chief Executive Officer of Mirion, commented: „This transaction marks a significant milestone for Mirion, as the capital raised through this transaction, paired with our new access to the public markets, will enable us to drive both organic and inorganic growth and execute on our product innovation strategy as we continue to expand globally.“

Our work comprised carrying out legal due diligence and advising the client as a local legal advisor in aspects related to Estonian law and Mirion’s Estonian subsidiary.

COBALT team was led by Partner Martin Simovart and Senior Associate Heleri Tammiste, and included Senior Associates Madis Reppo, Liina Saaremets and Heili Haabu, Associate Helen Sool and Assistant Lawyers Mari Teder, Markus Laja, and Liis Leedo.