Kirkland Advises Stifel on Business Combination Agreement Between Barça Media, FC Barcelona’s Content Creation Platform, and Mountain & Co. I Acquisition Corp.
Kirkland & Ellis advised Stifel as capital markets advisor on a business combination agreement between Barça Media, FC Barcelona’s content creation platform, and Mountain & Co. I Acquisition Corp. (NASDAQ: MCAA), a publicly traded special purpose acquisition company, to bring Barça Media to the U.S. and other global financial markets. The combination will give Barça Media access to the U.S. capital markets to create an even stronger platform to accelerate its multi-pronged growth strategy. The transaction values the pro-forma company at an estimated enterprise value of approximately US$1 billion. Upon closing, the combined company is expected to be listed on NASDAQ under the ticker symbol “BRME”.
With more than 330 million fans, 434 million television viewers during the 2021/2022 football season alone and 421 million social media followers across the globe, FC Barcelona is one of the world’s most visible and valuable sports franchises. Barça Media centralizes the creation, production and commercialization of FC Barcelona’s audiovisual, digital and esports output.
Read the transaction press release
The Kirkland team was led by capital markets partner Christian Nagler and associates Anthony Zangrillo, Jacqueline Cloutier and Abdullah Khan and technology & IP transactions partner Matt Darch and associate Justin Garfinkle.