---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-21-136619"
form_type: "8-K"
ticker: "CPTKW"
cik: "0001827899"
company_name: "Crown PropTech Acquisitions"
filed_at: "2021-11-10T23:59:59+00:00"
generated_at: "2026-06-28T10:12:51.520654+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Brivo to go public via SPAC merger with Crown at $808M enterprise value

## Summary
- Merger values Brivo at $808M enterprise value; existing Brivo shareholders roll 100% of equity for 69% ownership.
- Up to $304M in cash proceeds including a $75M PIPE led by Golub Capital; strategic PIPE investor Eagle Eye Networks.
- Brivo projects $417M revenue and $290M ARR in 2025, representing 2021E-2025E CAGRs of 55% and 70%.
- Transaction expected to close in H1 2022; combined company to trade as BRVS on NYSE.
- Brivo serves 44,500+ customer accounts with 23M active users across 42 countries.

## SEC filing metadata
- accession: 0001104659-21-136619
- form_type: 8-K
- ticker: CPTKW
- cik: 0001827899
- company_name: Crown PropTech Acquisitions
- filed_at: 2021-11-10T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1827899/000110465921136619/0001104659-21-136619-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1827899/000110465921136619/tm2132319d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-21-136619
- JSON: https://secwatch.observer/filing/0001104659-21-136619.json
- Plain text: https://secwatch.observer/filing/0001104659-21-136619.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.