The deal team of Jon Talcott, Peter Strand, Mike Bradshaw, and Kaylen Loflin represented MCAP Acquisition Corporation in its initial public offering (IPO) of $316 million of units of the company, each consisting of one share of common stock and one-third of one redeemable warrant. The Chicago-based special purpose acquisition company (SPAC) was formed for the purpose of effecting a merger with one or more businesses, with a focus on software, technology-enabled and business services companies. Nelson Mullins represented the issuer and Cowen and Company, LLC served as sole book-running manager.

MCAP is sponsored by MCAP Acquisition, LLC, an affiliate of Monroe Capital LLC, an asset manager focused on investing in middle-market companies.

Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 800 attorneys and government relations professionals with offices in 11 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.