Kirkland Advises Pathfinder Acquisition Corporation on Business Combination with Movella Inc.
Kirkland & Ellis advised Pathfinder Acquisition Corporation (NASDAQ: PFDR), a publicly traded special purpose acquisition company sponsored by affiliates of HGGC and Industry Ventures (Pathfinder), on a definitive business combination agreement with Movella Inc. (Movella), a leading fullstack provider of sensors, software, and analytics that enable the digitization of movement. Upon closing of the transaction, the combined company, to be known as Movella Holdings, Inc., will have a pro forma enterprise value of approximately $537 million and will be publicly listed on the Nasdaq Stock Market.
The Kirkland team was led by corporate partners Patrick Salvo and Ryan Brissette and associates Daniel Yip and Gabrielle Sumich; capital markets partner Matt Pacey and associate Steven Lackey; and debt finance partners Sonali Jindal and Aditi Iyer and associate Andrew Houlin.
