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SPAC Haymaker Acquisition Corp II agrees to merger with convenience store chain GPM Investments

Sep 09, 2020 - peHUB
Mergers and Acquisitions

Haymaker Acquisition Corp II, a special purpose acquisition company, agreed to a business combination with GPM Investments, a national convenience store chain and ARKO Holdings, an Israeli holding company whose primary asset is a controlling stake in GPM Investments. The combined company will have an equity market capitalization of about $1.4 billion. The combined company will be led by GPM’s current management team, including Arko’s and GPM's Chief Executive Officer, Arie Kotler.

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