Haymaker II intends to acquire and operate a business in the consumer and consumer-related products and services, retail, media and hospitality industries. However, we are not limited to these industries and we may pursue a business combination opportunity in any business or industry we choose and we may pursue a company with operations or opportunities outside of the United States. Our executives are experienced at recognizing and quantifying the value of brands, and creating strategies to reposition those brands so that they reach their full market potential.

Our management team’s careers have centered on identifying and implementing value creation initiatives within the consumer and consumer-related products and services industries. Steven and Andrew have combined 70+ year careers in the consumer and consumer-related products and services industries by relying on what we believe to be tried-and-true management strategies: cost management and productivity enhancement, and reinvesting the savings behind product innovation, marketing, channel development, and brand building.

 

Ideal Attributes of a Haymaker II SPAC Target

  • Size: $750 million +
    • Public equity investors prefer larger, more liquid companies
    • Dilution from SPAC sponsor is less dilutive on a percentage basis when spread across a larger pro forma equity business
  • Business Attributes
    • Attractive market positioning and differentiation
    • Asset-light with strong cash flow characteristics
    • Non-seasonal, non-cyclical or not regulated
  • Growth
    • Companies with strong growth prospects or platform to build-on
    • Our team brings experience and resources (not just capital) to identify and implement value creation initiatives
  • Valuation
    • Equivalent to a public markets exit without the cost, timing and risk of an IPO
    • Same valuation validation as an IPO due to SPAC shareholder approval mechanism, but faster and more accurate feedback
  • Appropriate Leverage
    • We would seek pro forma leverage levels in line with the ability to service debt and execute growth and optimization plans and appropriate to public companies in industry
    • Focus on operations, value creating extensions and initiatives, not on financial engineering
  • Strong Management Team
    • Preferably a strong management team that is already in place
    • We can supplement existing management with a vast network of executives at any level
  • Target Shareholders Rolling Equity
    • Minimizes necessity debt and PIPE equity
    • Positive signal to market when existing holders, who know the company best, look to stay invested
    • Flexible as to minority or majority stakes

Forward Looking Statements:

This website includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “forecast,” “intend,” “seek,” “target,” “anticipate,” “believe,” “will,” “expect,” “estimate,” “plan,” “outlook,” and “project” and other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. Such forward-looking statements include statements about our beliefs and expectations and the estimated financial information and other projections contained herein. Such forward-looking statements with respect to revenues, earnings, performance, strategies, prospects and other aspects of the businesses of Haymaker II are based on current expectations that are subject to risks and uncertainties. A number of factors could cause actual results or outcomes to differ materially from those expressed or implied by such forward-looking statements. Please refer to the final prospectus of Haymaker II under “Risk Factors” therein, and other documents filed or to be filed with the Securities and Exchange Commission (“SEC”) by Haymaker II. You are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Haymaker II undertakes no commitment to update or revise the forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

 

No Offer or Solicitation:

The information on this website shall not constitute a solicitation of a proxy, consent or authorization with respect to any securities or in respect of the proposed transaction. The information on this website shall also not constitute an offer to sell or the solicitation of an offer to buy any securities, nor shall there be any sale of securities in any states or jurisdictions in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction. No offering of securities shall be made except by means of a prospectus meeting the requirements of section 10 of the Securities Act of 1933, as amended.

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