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Investment Firms Tiedemann and Alvarium Near Deal to Merge, Go Public Via SPAC

investment-firms-tiedemann-and-alvarium-near-deal-to-merge,-go-public-via-spac

Investment firms Tiedemann Group and Alvarium Investments Ltd. are close to a deal to merge and go public through a special-purpose acquisition company, people familiar with the matter said.

The combined investment firm would be called Alvarium Tiedemann Holdings and be valued at roughly $1.4 billion in the deal with the SPAC Cartesian Growth Corp., the people said. The merger could be announced as soon as this week.

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