Capital Corporation I – B
Warburg Pincus Capital Corporation I—B (NYSE:WPCB) is a special purpose acquisition company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities.
WPCB announced the pricing of its $500m initial public offering on March 4, 2021.
Our sponsor is an affiliate of Warburg Pincus LLC (“Warburg Pincus”) and we intend to identify a target with strong fundamental growth that could benefit from Warburg Pincus’ longstanding experience, global presence, domain expertise, operational support and extensive networks. Our investment team’s experience and knowledge of industry sectors enables us to invest through a variety of economic cycles based on clear theses driven by long-term perspectives on industries and their growth prospects. Although we may pursue an acquisition in any sector or geography, we intend to leverage the expertise of our management team and the broader Warburg Pincus platform where we believe a combination of our network, knowledge and experience can promote growth or augmentation of an existing business.