MIAMI – Jan. 26, 2024 – Global law firm Greenberg Traurig, P.A. advised Berenson Acquisition Corp. I (BACA), a special purpose acquisition corporation, in its definitive business combination agreement with Custom Health Inc., a digital health care firm. As a result of the business combination, Custom Health is expected to become a publicly listed company on the NYSE.
Custom Health, which provides comprehensive technology-enabled medication management and managed care solutions, focuses on serving poly-med patients with chronic conditions. The proposed transaction implies a $185 million pre-money equity value for Custom Health, according to the company’s press release. Proceeds from the business combination and related financing are expected to be used to fuel organic growth and future acquisitions, the company said.
Greenberg Traurig’s team was led by Miami Shareholder and Co-Chair of the firm’s Global Corporate Practice Alan I. Annex and New York Corporate Shareholders Yuta N. Delarck and Adam S. Namoury. The transaction team also included New York Corporate Associates Ricardo Crispim Leite, Yoojin Lee, and Dayoung (Taylor) Park, and Northern Virginia Corporate Associate Yangyang Jia.
About Greenberg Traurig’s Corporate Practice: Greenberg Traurig’s Corporate Practice comprises more than 600 lawyers in the United States, Europe, Asia, the Middle East and Latin America who regularly advise public and privately held companies, entrepreneurs and investment funds on global mergers and acquisitions, corporate restructurings, private equity and venture capital, underwritten and syndicated offerings, commercial finance and syndicated lending, cross-border transactions, and general corporate matters. The group’s industry experience includes transactions in a wide range of fields, from the pharmaceutical, medical devices, and life sciences fields, to representations involving clients in the aviation, banking, consumer products, energy, food and beverage, health care, manufacturing, media, technology, and telecommunications sectors.
About Greenberg Traurig: Greenberg Traurig, LLP has more than 2650 attorneys in 47 locations in the United States, Europe and the Middle East, Latin America, and Asia. The firm is a 2022 BTI “Highly Recommended Law Firm” for superior client service and is consistently among the top firms on the Am Law Global 100 and NLJ 500. Greenberg Traurig is Mansfield Rule 6.0 Certified Plus by The Diversity Lab. The firm is recognized for powering its U.S. offices with 100% renewable energy as certified by the Center for Resource Solutions Green-e® Energy program and is a member of the U.S. EPA’s Green Power Partnership Program. The firm is known for its philanthropic giving, innovation, diversity, and pro bono. Web: www.gtlaw.com.