Debevoise Advises Burgundy Technology Acquisition Corporation in its $300 Million IPO

27 August 2020

Debevoise & Plimpton LLP has advised Burgundy Technology Acquisition Corporation (“Burgundy”), a special purpose acquisition company, in its $300 million initial public offering on the Nasdaq Capital Market (“Nasdaq”).

Burgundy is co-founded and led by tech industry veterans Léo Apotheker and Jim Mackey.

Mr. Apotheker, the former CEO of German software company SAP SE and The Hewlett-Packard Company, will serve as Chairman and Co-CEO of the Company.

Mr. Mackey, who previously worked as a Managing Director, Chairman of Software, Technology Investment Banking team at Citigroup and held senior leadership roles at SAP SE, OpenText and BlackBerry, will serve as Co-CEO and CFO.

Burgundy is a blank check company formed to effect a merger, share exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. It intends to focus on public and private opportunities in the technology sector, particularly companies in enterprise software or technology-enabled services.

For more information, please see the company’s press release.

The Debevoise team advising Burgundy was led by partner Raman Bet-Mansour, and included partner James Scoville, international counsel Vera Losonci, and associate Yilong Luo. Tax advice was provided by partners Gary Friedman and Richard Ward, and counsel Huey-Fun Lee.