Celebration our 20th Year

FT Partners The Only Investment Bank
Focused Exclusively on FinTech
  • San Francisco
  • New York
  • London

Celebration our 20th Year

FT Partners Advises CompoSecure on its $1,206,400,000 SPAC Merger with Roman DBDR

Overview of Transaction

  • On April 19, 2021, CompoSecure, L.L.C. (“CompoSecure”), and Roman DBDR Tech Acquisition Corp. (NASDAQ: DBDR) (“Roman DBDR”), a special purpose acquisition company, announced they had entered a definitive merger agreement
  • Upon closing of the transaction, the combined company (the "Company") will operate as CompoSecure, Inc. and plans to trade on the Nasdaq stock market
  • The combined Company will have an estimated post-transaction enterprise value of ~$1.2 billion
  • Proceeds will consist of up to $236 million (assuming no redemptions) of cash held in Roman DBDR’s trust account and an additional $175 million private placement financing(1) led by funds and accounts managed by BlackRock and Highbridge Capital Management, which will close concurrently with the merger

Significance of Transaction

  • CompoSecure is a world-class platform for next generation payment technology, security, and cryptocurrency solutions
  • CompoSecure provides some of the world’s largest financial institutions with innovative products that elevate their customers’ experiences
  • CompoSecure has a rare blend of technologies, expertise and team, that when combined with Roman DBDR’s Silicon Valley entrepreneurship, create a springboard to launch CompoSecure into the Digital Asset revolution and become a premier platform in the massive and rapidly expanding cryptocurrency and broader Digital Asset markets

FT Partners' Role

  • Financial Technology Partners and FTP Securities ("FT Partners") served as strategic and financial advisor to CompoSecure
  • This transaction builds on FT Partners’ expertise in navigating the unique process in selling companies to SPACs, and follows highly successful sales of FT Partners clients Payoneer, Porch, Open Lending, CardConnect, REPAY, and MoneyLion

Note: Additional information about the transaction can be found in the Current Report on Form 8-K filed with the SEC
1) Private placement financing consists of $130mm in exchangeable unsecured notes and $45mm in common stock