Unit Split
Crown PropTech Acquisitions
- Registration2021-01-21 Filed S1
- IPO2021-02-10 IPO, search begins
- Definitive AgreementNo merger agreement yet
- CompletedNot yet completed
- Raised
- $200M
- CIK
- 1827899
- SPAC Ticker
- CPTK.U
- Focus
- Real Estate, PropTech, Technology
SPAC Team
Leadership
Richard Chera, Chief Executive Officer and Director
Richard Chera has served as our Chief Executive Officer and has been a member of our board of directors since our inception. He is a co-founder and has served as Senior Managing Director of Crown Acquisitions Inc. since 2004. Mr. Chera is also a co-founder of ReWyre®, a technology aggregator and intelligent city master planner based in New York City. Mr. Chera also serves on the boards of various nonprofit organizations that focus on public health, children’s and seniors’ services, as well as business growth opportunities for entrepreneurs. Mr. Chera has attended The Santo Institute in Tokyo, Japan in 1992 and New York University’s Stern School of Business from 1992-1995. We believe Mr. Chera’s experience in leading large real estate transactions in the U.S., Canada and UK and numerous retail developments make him well qualified to serve on our board of directors.
Pius Sprenger, Ph.D., Chief Financial Officer and Director
Dr. Pius Sprenger has served as our Chief Financial Officer and has been a member of our board of directors since our inception. From 2018 to 2020, Dr. Sprenger was Head of Structuring of Cantor Fitzgerald and served on the Executive Committee of Cantor Fitzgerald's investment bank. From 2004 to 2018, Dr. Sprenger served as Senior Trader and Global Head of Non-Core Operations Unit of Deutsche Bank. Prior to joining Deutsche Bank, Dr. Sprenger was a Credit Structurer/Trader at Lehman Brothers and Morgan Stanley. Dr. Sprenger also served on the board of Maher Terminals in New Jersey from 2013 to 2016 and Sal. Oppenheim in Cologne, Germany from 2013 to 2016. Dr. Sprenger has a diploma in Mathematics from the University of Konstanz, Germany and a Ph.D. in Mathematics from the University of Hanover, Germany. We believe that Dr. Sprenger’s broad experience in investment and management expertise in large financial institutions makes him well qualified to serve on our board of directors.
Dr. Martin Enderle, Director
Dr. Martin Enderle will be appointed to our board in connection with the offering. From 2017 until today, Dr. Enderle has served as the Chairman of the Supervisory Board of Delivery Hero SE, a DAX-listed company (DHER). From 2016 to 2020, Dr. Enderle founded and worked as a managing director of allmyhomes GmbH, a Berlin-based real estate company and is now a shareholder and board member. Currently, he is also working as a board advisor to private equity-owned atHome Group in Luxembourg. Prior to founding allmyhomes GmbH, Dr. Enderle has been a managing director of digi.me GmbH, his private wealth holding company, since 2015, managing director of Chaconne GmbH since 2016, and was managing director of feegoo invest UG until 2016. Dr. Enderle also served on the board of Rocket Internet SE (RKET) from 2015 to 2017 and CEWE Stiftung & Co. KGAA from 2016 to 2018 and has served on the board of Egmont Foundation since 2015. Before 2015, Dr. Enderle was the Chief Executive Officer of Scout24 Group, now a publicly listed company in Germany, from 2005 to 2014. Dr. Enderle holds a Ph.D. in Mathematics from University of Hanover as well as a diploma from University of Hanover and King’s College London. We believe Dr. Enderle’s experience in the real estate industry, leading high growth digital companies as Chief Executive Officer and as a board member, makes him well qualified to serve on our board of directors.
Lisa Holladay, Director
Lisa Holladay will be appointed to our board in connection with the offering. From 2020 to present, Ms. Holladay is Chief Experience Officer of TIGER 21, a peer-to-peer learning company. From 2012 to 2020, Ms. Holladay served as Vice President and Global Brand Leader of Marriott International, a hospitality company, for the brands The Ritz-Carlton Hotel and The St. Regis Hotels & Resorts. Prior to joining Marriott, Ms. Holladay was National Manager of Experiential Marketing of Mercedes-Benz USA, an automotive company. Ms. Holladay also serves on the board of the Erwin Center for Brand Communications at Clemson University. Ms. Holladay has an M.A. from Georgetown University and a B.A. from Clemson University. We believe Ms. Holladay’s experience in customer experience, hospitality and marketing makes her well qualified to serve on our board of directors.
Stephen Siegel, Director
Stephen Siegel will be appointed to our board in connection with the offering. Currently, Mr. Siegel is the Chairman, Global Brokerage at CBRE, Inc. Prior to the merger with CBRE, Mr. Siegel was Chairman and Chief Executive Officer of Insignia/ESG. Before that, he became President and Chief Executive Officer of Cushman & Wakefield at the age of 37. Mr. Siegel has arranged multi-million-dollar transactions for some of the nation’s most prominent corporate clients over the years. More recently, Mr. Siegel closed major deals with the Headquarters of HBC (400,000 ft2), Headquarters of Apollo (300,000 ft2), Estee Lauder, Corp. Headquarters (300,000 ft2) and the Headquarters for L’Oreal (400,000 ft2). He sits on numerous nonprofit boards, such as Gift of Life and National Jewish Health. He has honorary doctorates from Baruch College, Yeshiva University, Monmouth University and St. Thomas Aquinas University. We believe Mr. Siegel’s experience as an industry leader and b enefactor makes him well qualified to serve on our board of directors.
Frits van Paasschen, Director
Mr. van Paasschen will be appointed to our board in connection with the offering. His 30 years as an executive in global companies began at The Boston Consulting Group and McKinsey & Company. After working in finance at Disney’s Consumer Products Division, he joined Nike, ultimately becoming the President of Europe, Middle East and Africa Division. Mr. van Paasschen’s first chief executive officer role was at Coors Brewing Company, and most recently he was Chief Executive Officer of Starwood Hotels and Resorts. He serves as a director at Royal DSM (in the Netherlands) and Williams Sonoma and has recently joined the board of J.Crew Group, Inc. Previously, he was on the boards of Barclays (in the United Kingdom), Jones Apparel and Oakley. Mr. van Paasschen is Chair of Convene, a real-estate-as-a-service company and is also an investor/board member of citizenM Hotels and Sonder. Mr. van Paasschen is a Senior Advisor to TPG Capital focusing on retail, consumer and hospitality, and he serves on advisory boards of The Red Sea Project, The Indian School of Hospitality, and Russell Reynolds. Mr. van Paasschen holds a B.A. in economics and biology from Amherst College and an M.B.A. from Harvard Business School, where he was also a Teaching Fellow in economics. We believe Mr. van Paasschen’s international experience in the real estate industry makes him well qualified to serve on our board of directors.