In this issue, we compare the key similarities and differences between U.S. and U.K. SPACs. SPACs are increasingly being viewed as an additional platform for private equity sponsors to complement their existing platforms. They provide sponsors with favorable economics and the opportunity to target companies that may want to go public rather than remain private in the hands of a new buyer. Their increasing popularity in both the U.S. and the U.K. and the striking similarities and certain differences in the market for SPACs in each jurisdiction illustrate some of the options available to sponsors considering raising a SPAC. We have summarized certain of the key similarities and differences below between SPACs in the U.S. and the U.K.