WebDec 6, 2024 · The listing on the NYSE follows the completion of Hagerty’s business combination with Aldel Financial Inc., a publicly traded special purpose acquisition company or SPAC. Aldel shareholders approved the business combination at a special meeting held last week. Hagerty’s SPAC merger with Aldel included a commitment of … WebHagerty is an American automotive lifestyle and membership company and the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse …

SPAC Resurgence Continues and DeSPACs are Hot

WebAug 28, 2024 · Hagerty’s deal with Aldel includes a $704 million private investment in public equity (PIPE). The merger is expected to deliver $820 million in gross proceeds to the merged company, which is a hefty amount. After the deal closes, they will start trading on the New York Stock Exchange under the stock symbol HGTY. WebHagerty has acquired 5 companies, including 5 in the last 5 years. Hagerty has acquired in 5 different US states. The Company’s most targeted sectors include media (40%) and … cheesy spinach meatball \u0026 potato bake

Classic car insurer Hagerty announces merger with Aldel Financial

WebHagerty is an American automotive lifestyle and membership company and the world's largest provider of specialty insurance for classic vehicles. Hagerty is based in Traverse City, Michigan and also operates in Canada, Germany and the United Kingdom. History. Hagerty was launched in 1984 by Frank and Louise Hagerty after they could not find … Web2 days ago · Hagerty headquarters on Cass Street in Traverse City. TRAVERSE CITY — A little more than five months after it cut 6% of its workforce, Hagerty, Inc., trimmed … WebMcKeel Hagerty, CEO of Hagerty, said: ... Aldel Financial Inc. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, whose business purpose is to effect a … cheesy spinach and artichoke pinwheels