Valuation$11.1B
TypeSPAC IPO
AcquirerThoma Bravo Advantage
Return multiple22.0×
AnnouncedJun 29, 2021
TickerNYSE: IS
Strong
A strong outcome for investors and founders.
Deal size vs peers
A large SPAC IPO versus peers (8.4× the median).
Return multiple
Exceptional 22.0× return to investors.
Liquidity type
SPAC listing — a mixed-track-record path to liquidity.
Heuristic read of deal size vs peers, return multiple, acquirer premium, and liquidity type. Not investment advice.
