We are advising Mirion on its combination with GS Acquisition Holdings II, a SPAC

Davis Polk is advising Mirion Technologies (TopCo), Ltd., a Charterhouse Capital Partners portfolio company, in connection with its business combination with GS Acquisition Holdings Corp II, a publicly traded SPAC, that will result in Mirion becoming a public company. Upon closing, the estimated pro forma enterprise value of the combined company is expected to be approximately $2.6 billion. The transaction includes a $900 million common stock PIPE. The transaction, which is expected to close in the second half of 2021, is subject to approval by GS Acquisition Holdings’ shareholders, certain regulatory approvals and other customary closing conditions.

Headquartered in Atlanta, Georgia, Mirion Technologies is a leading provider of detection, measurement, analysis and monitoring solutions to the nuclear, defense, medical and research end markets.  GS Acquisition Holdings Corp II is a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, stock purchase or similar business combination with one or more businesses. Headquartered in London, Charterhouse is one of the longest established private equity firms operating in Europe.

The Davis Polk corporate team includes partners Alan F. Denenberg and Stephen Salmon, counsel Bryan M. Quinn and associates Elizabeth Diggs, Tierney O’Rourke and Joseph Marano. The tax team includes partner Patrick E. Sigmon. The finance team includes partner Hilary Dengel. Partner Adam Kaminsky is providing executive compensation advice. Counsel Nicholas Spearing is providing regulatory and antitrust advice. Members of the Davis Polk team are based in the Northern California, London, New York and Washington DC offices.