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Leading Pan-European EV Charging Company Allego to Become a Publicly Traded Company Through Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III

Deals & Cases
July 28, 2021
Allego, a Leading Pan-European EV Charging company, to Become a Publicly Traded Company through a Business Combination with Apollo-Affiliated Spartan Acquisition Corp. III Background Image
Deals & Cases
July 28, 2021

Vinson & Elkins advised Spartan Acquisition Corp. III, a publicly-listed special purpose acquisition company, in a business combination with Allego Holding B.V. (“Allego”), a leading pan-European electric vehicle charging network.

The transaction, which values Allego at a pro forma equity value of approximately $3.14 billion and expects total gross proceeds of $702 million, will create a leading publicly traded pan-European electric vehicle charging company.

The V&E corporate team was led by partners Ramey Layne and Lande Spottswood. Partner Jason McIntosh provided tax advice.

About Vinson & Elkins
For more than a century, Vinson & Elkins has provided outstanding client service across important industries that drive the global economy. Built on a strong culture of collaboration across 13 offices worldwide, V&E lawyers are committed to excellence, offering clients decades of legal experience in handling transactions, investments, projects and disputes across the globe. Learn more by visiting www.velaw.com or connect with us on LinkedIn.

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