Marquee Raine Acquisition Corp. (“MRAC”) is a Special Purpose Acquisition Company with a focus on the high growth sectors within the TMT industry.
MRAC was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
MRAC is sponsored a 50-50 partnership between affiliates of The Raine Group, a leading TMT- focused investment and advisory firm, and Marquee, founded by the owners and management team of the Cubs and its subsidiary and related parties. The history of the working relationship between the principals of the two organizations goes back more than a decade.
Both Raine and Marquee have enjoyed a similar trajectory over the last decade, having become significant market participants in the world of consumer entertainment, and as such, the partnership of the two firms brings together a powerful combination of experiences and industry relationships.
We believe the combined capabilities of both Raine and Marquee, highlighted by our core sector overlap and highly complementary unique attributes, create a differentiated sponsor that we believe will provide competitive advantages in sourcing, effectuating an attractive combination, and driving long-term value for our shareholders.