SPACs: An Alternative For Auto Suppliers To Go Public In The US

SPACs: An Alternative For Suppliers To Go Public In The US

Jeff Franklin advises companies on going public through U.S.-based Special Purpose Acquisition Corporations (SPACs).

GlobalAutoIndustry.com’s latest Audio Interview “SPACs: An Alternative for Auto Suppliers and Companies to Go Public in the U.S.” features Jeff Franklin, current chairman and CEO of Los Angeles-based ATI. His current consulting practice focuses, not only, on advising funds and companies on financial transactions in the entertainment business, but also, acquisitions and restructuring of entertainment assets. In addition, Franklin advises companies on going public through U.S.-based Special Purpose Acquisition Corporations (SPACs), a.k.a. “blank check corporations.”

In the music industry, he has advised leading companies such as Columbia Records, PolyGram, Universal Music Group, Casablanca Records, and Caytronics Corp. for the sale of their record companies.

In the 12-minute audio interview, Franklin discusses these questions:

  • What is a SPAC?
  • What is the reason for looking into SPACs?
  • Is there an advantage for using a SPAC, which is US-based, as opposed to one located in a different country?
  • What are the company requirements for merging with a SPAC?
  • How many SPACs are there available in the U.S. at this time?
  • How can a company learn more, if interested in going public through an existing SPAC?

About Jeff Franklin, Chairman and CEO of ATI

Jeff Franklin is an American film and television producer, and one of the foremost music agents in the entertainment industry.  As a widely recognized leader in the global media and entertainment marketplace, his relationships span all sectors within the entertainment community, and his body of work has earned both critical and commercial success in the music, movie, and television industry.  He is currently Chairman and Chief Executive Officer of ATI, where he has served since 1970 and Franklin Entertainment.  His current consulting practice focuses, not only, on advising funds and companies on financial transactions in the entertainment business, but also, acquisitions and restructuring of entertainment assets.

His experience extends beyond these sectors into publishing, branded entertainment, new media, and music publishing.  In 1980, Jeff sold his music business to International Creative Management (ICM), where he remained a consultant at the agency for five years following the merger.   

Over the years, Jeff has served as a consultant for the top entertainment companies in the marketplace.  In the music industry, he has advised record companies including, but not limited to, the following: Columbia Records, PolyGram, Universal Music Group, Casablanca Records, and Caytronics Corp. for the sale of their record companies.  He consulted for Universal Pictures in acquisition of intellectual property rights for their theme parks, including successfully negotiating the rights acquisitions of Dr. Seuss for theme park attractions.  Furthermore, he has been a consultant at Harvey Comics, Platinum Studios and Good Times Video, among others.      

In addition to consulting, Mr. Franklin partially owned several music industry legendary companies including Casablanca Records and Films with Neil Bogart and Peter Guber, Boardwalk Records with Neil Bogart, Peter Guber, and Jon Peters, Riva Records with Rod Stewart, Billy Gaff and Fania Tico, top Latin-label Alegra Records with Jerry Masucci and T Neck Records with the Isley Brothers. 

Franklin currently resides in Los Angeles.

Click here to listen to the audio interview.

About GlobalAutoIndustry.com

GlobalAutoIndustry.com is the leading business intelligence source for the worldwide automotive industry, connecting OEMs, OE suppliers, aftermarket and automotive technology companies with the resources to effectively do business internationally.

Publishing across multiple digital channels, www.GlobalAutoIndustry.com, produces informative content that helps industry executives uncover insights, solutions and strategies focused on doing business in the world’s top automotive markets.

Our flagship Audio Interview series and eJournal newsletters address important business and operational challenges for industry professionals. Published weekly and syndicated through leading industry media partners, our content has a distribution audience of over 1 million automotive professionals worldwide.  The Interviews are syndicated through WardsAuto (US), aftermarketNews (US), ETAuto (The Economic Times of India), TU Automotive (UK), MEXICONOW, BORDERNOW and HORSEPOWER (Mexico).

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