They are a newly organized blank check company. They intend to acquire a target company in the software or technology-enabled services sectors with a total enterprise value of in excess of $1 billion. Their sponsor is affiliated with Berenson Holdings LLC (“Berenson”), a merchant bank founded in 1990 with two principal lines of business: investment banking and private equity investing. In addition, an affiliate of Navigation Capital Partners LLC (“Navigation Capital” or “Navigation”) is an investor in their sponsor. Navigation Capital is an Atlanta-based private equity firm that partners and invests with successful CEOs to launch companies into the public market. They will seek to capitalize on the significant industry experience and contacts of their management team and board of directors to identify, evaluate and acquire a target business. Their objective is to acquire a high-quality business that can generate attractive, risk-adjusted returns for stockholders. Their selection process will leverage Berenson’s and Navigation Capital’s extensive global network of relationships, deep industry knowledge across multiple geographies, transaction execution experience and deal sourcing capabilities that provide access to a broad spectrum of acquisition opportunities, which they believe will differentiate them as a partner of choice to potential business combination opportunities.