European SPAC IPO issuance totalled US$8.56 billion in 2021, with the market generating record levels of activity as momentum from the red-hot US SPAC scene carried into Europe.

Record SPAC IPO issuance supported buoyant levels of De-SPAC deal activity, with De-SPAC deal value for European assets rising more than five-fold year-on-year. The White & Case European SPACs Data Hub highlights the key datapoints behind SPAC IPO and De-SPAC M&A trends in Europe.