Deals
Ex-BofA, Carlyle Dealmakers Plan $300 Million Consumer SPAC
- Wadih Boueiz, Nadim Barakat file for U.S. blank-check company
- Consumer industry veterans picked for SPAC’s management team
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Former senior dealmakers at Bank of America Corp. and Carlyle Group Inc. are backing a special purpose acquisition company that’s seeking $300 million to acquire businesses in the consumer sector.
Wadih “Woody” Boueiz, ex-global head of sovereign wealth funds at Bank of America, and Nadim Barakat, previously a managing director at Carlyle, are backing Transformational CPG Acquisition Corp. through a newly-created investment firm, according to a filing Monday.