Matlin & Partners Acquisition Corporation (NASDAQ: MPACU) is a blank check company incorporated in March 2016 and formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.MPACU’s strategy is to identify and acquire a business that is misvalued or underperforming in an industry impacted by market dislocation or regulatory uncertainty, and whose market value and operating results can be positively affected by its management team. The management team members have a combined 68 years of experience setting and implementing strategies to grow revenues and improve profitability, including: engaging in capital markets and other restructuring activities, evaluating, changing or enhancing management when appropriate, pursuing acquisition and divestiture opportunities, and crafting other initiatives, whether through board control or influence or substantial equity ownership of portfolio companies over which MatlinPatterson or Credit Suisse’s Global Distressed Securities Group (while under Mr. Matlin’s management) exercised control.
|Bank Name||Matlin & Partners Acquisition Corporation|
|Chairman||Mr. David J. Matlin J.D.|
|CEO||Mr. David J. Matlin J.D.|