Spotify Backer GP Bullhound to Join Amsterdam SPAC Rush, Sources Say

GP Bullhound has backed startups including streaming music provider Spotify.

Photographer: Gabby Jones/Bloomberg
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Technology investment firm GP Bullhound, which has financed some of Europe’s most prominent startups, is planning to list a special purpose acquisition company in Amsterdam, people with knowledge of the matter said.

GP Bullhound is working with Deutsche Bank AG on preparations for the offering, according to the people, who asked not to be identified because the information is private. It is considering seeking around 200 million euros ($228 million), the people said.