Press Release

Kirkland Represents MoneyHero Group on Business Combination with Bridgetown

Kirkland & Ellis advised MoneyHero Group, a market leader in the online personal finance aggregation and comparison sector in Singapore, Hong Kong, Taiwan, the Philippines and Malaysia, on its business combination with Bridgetown Holdings Limited (NASDAQ: BTWN), a special purpose acquisition company formed as a collaboration between Pacific Century Group and Thiel Capital. The transaction values MoneyHero Group at a pre-money enterprise value of $200 million, and the combined company will have a post-transaction enterprise value of approximately $342 million (assuming no redemptions by Bridgetown’s public shareholders). Upon closing of the transaction, the combined company will be publicly traded on NASDAQ under the ticker symbols “MNY” and “MNYWW.” The transaction, estimated to close in the third or fourth quarter of 2023, is subject to regulatory approval and other customary closing conditions. 

The Kirkland team was led by corporate partners Joey Chau, Jesse Sheley, Steve Lin and Joseph Raymond Casey.