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MTS the Media Tech SPAC eyes a media/technology acquisition, with an IPO completed by 7 July

London South East caught up with John Mahtani, CEO of Media Tech SPAC (MTS), a special purpose acquisition company that is aiming to IPO in London this year.

Mahtani hopes that MTS can invest in a young business in the media/technology space in 2021 and then help to grow that business over the following two or three years.

“We feel if we can find a business within the media space that provides technology services to media businesses, that’s where our Rolodex will come out and really help that business open its doors to maybe a studio or an independent production company.”

Mahtani’ spent 18 years at Warner Bros where he was Vice President, EMEA and he has a strong global network of contacts. He worked on the Harry Potter series as well as several other major titles. The other two members of the senior management team also have very relevant experience and contacts.

When choosing the business to invest in, Mahtani is looking for a strong management team, innovative technology and the potential to take the business global. MTS is looking for businesses “where we feel the technology can cross borders.”

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