Tim Hortons China

Silver Crest Acquisition Corp (Nasdaq: SLCR), sponsored by Silver Crest Management LLC, was a blank-check company that completed its IPO in 2021 targeting the consumer sector. The SPAC announced a business combination with TH International Limited, the operator of Tim Hortons restaurants in China, in August 2021. The transaction subsequently closed, taking the China-based quick-service restaurant franchise public in the United States. The deal represented one of several consumer-focused SPAC combinations targeting Asia-Pacific growth markets during that period. The status of the combination is closed. Sign up at SpacDesk for full deal terms, timeline data, and sponsor profiles on SLCR and hundreds of other SPAC transactions.

SPAC Counterparty (1)