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Cases & Deals

September 2, 2021

King & Spalding Advises Greenhill & Co., LLC on Genesis Park Acquisition Corp.'s SPAC Merger with Redwire

King & Spalding advised Greenhill & Co., LLC in its capacity as financial advisor to Genesis Park Acquisition Corp. (NYSE: GNPK), a publicly traded special purpose acquisition company (SPAC), on its business combination with Redwire LLC, a leader in mission critical space solutions and high reliability components for the next generation space economy.  Upon completion of the business combination, which valued Redwire at a $620 million pro forma enterprise value, the combined company changed its name to Redwire Corporation (NYSE: RDW).

Redwire is a leader in the space community, providing complete space infrastructure solutions to its diversified base of customers in the national security, civil and commercial markets. With a highly differentiated strategy that combines deep flight heritage with innovative technology and disruptive IP, Redwire is a proven partner to major DoD, civil and commercial customers on cornerstone space programs, and is also shaping the future space economy with innovative on-orbit 3D printing, advanced robotics, and digitally designed spacecraft.

The King & Spalding M&A team consisted of Tim Fesenmyer (NYC), Brett Schroeder (CHI) and Andrew James (CHI).