Jeff Sagansky & Harry Sloan Launch Platinum Eagle Acquisition Corp.

Platinum Eagle Acquisition Corp., which is the latest acquisition vehicle led by Jeff Sagansky and partner Harry E. Sloan, has launched with a $325 million initial public offering.

Marking the fourth public acquisition vehicle from Sagansky, Platinum Eagle Acquisition Corp. was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. 

Through their strategic financing partnerships, Sagansky and Sloan have raised more than $1.3 billion in the last six years. 

“With our fourth acquisition vehicle, we will continue to look for companies where we can add value based on our experience, particularly media and entertainment companies that can benefit from the digital disruption that has transformed the business on a global basis,” said Sagansky. “As always, we will target fast-growing businesses that can benefit from a Nasdaq listing, access to capital and experienced sponsors.”

Joining Sagansky in the management of the company is president, CFO and secretary Eli Baker, who served as the VP, general counsel and secretary of one of Sagansky’s prior public acquisition vehicles and as a director of another. Sloan, who co-led two prior public acquisition vehicles with Sagansky, is a founding investor in Platinum Eagle alongside the sponsor.