Federal Street Acquisition Corp.

Merged
CIK: 1701821•Ticker: FSAC
Successfully merged with Agiliti Health, Inc.

SPAC Overview

$400M
IPO Size
Completed
Current Status
2017
IPO Year

Timeline Progress

About

Federal Street Acquisition Corp. is a blank-check company formed to acquire and operate a business, with a primary focus on a healthcare company based in North America. It is affiliated with Thomas H. Lee Partners and intends to apply its management team's operating and value-creation experience to a business combination.

Investment Focus

Healthcare

Geographic Focus

North America

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Sponsors

Extended Team Information

The team is founded by senior executives of and advisors to Thomas H. Lee Partners. It includes Scott M. Sperling, an experienced private equity investor and THL co-president; Art G. McAleer, with finance and operating experience; Kent R. Weldon, a THL managing director; and Charles P. Holden and Shari H. Wolkon, THL finance and legal executives. The team and board bring experience in healthcare, private equity, business operations and value creation.

Key Information

IPO Date
July 19, 2017
Total Redemptions
$465M
PIPE
$750M
State of Incorporation
DE
SIC
6770
Completion Date
January 4, 2019
Merger Target
Agiliti Health, Inc.
SPAC Ticker
FSAC