SPAC Market Gains Momentum – Focus on Shell Companies for International Investors
The Board of INSTANT GROUP AG (ISIN DE0005418404, Primary Market Düsseldorf, Stock Exchanges Frankfurt, Berlin, Munich, Stuttgart), in the course of a market survey conducted within the framework of its strategic partnership with INSTANT IPO SE as official capital market partner, has determined that the international volume of SPAC transactions has increased significantly in 2025.
The results reveal that shell companies (SPACs) in the EU, and particularly in Germany, are experiencing a new dynamic. Instant IPO SE, as the market leader in the field of shell companies, sees Germany in particular as an increasingly attractive location for fast and efficient initial public offerings.
By mid-2025, over 45 SPACs had already been implemented in Europe with a volume of approximately 10.1 billion USD. In the current year alone, the volume of European SPAC transactions has already risen to 3.84 billion EUR – exceeding the total amount for 2024 (3.75 billion EUR). This shift signals that shell companies (SPACs) are increasingly being used as a serious capital market solution for high-growth companies. Experts are already speaking of "SPAC 4.0". The globally active bank Santander alone placed several SPACs as bookrunner in 2025, indicating a strategic repositioning in the SPAC sector.
Opportunities for high-growth industries
Shell companies offer firms the opportunity to access capital markets more quickly and predictably, allowing companies to respond more efficiently to dynamic market conditions. Companies from high-growth industries can particularly benefit from this, as growth projects can be financed more time- and cost-efficiently through the use of shell companies (SPACs).
Market potential in Europe and Germany
The involvement of experienced players shows that shell companies (SPACs) are once again attracting significant interest from international investors.
Reiner Ehlerding, Board Member of INSTANT GROUP, on the market development of shell companies: "The market for shell companies has undergone a sustainable, qualitative transformation in recent years. The increasing acceptance of shell companies in the EU will, above all, strengthen Germany as a location and increase its attractiveness for international investors. Shell companies have long since ceased to be merely door-openers to the stock exchange; they now represent a serious instrument for implementing growth financing that companies are requesting regardless of industry or size."
Regional stock exchanges: Germany's growth engine
In this context, regional stock exchanges are gaining importance as centers of competence for SPACs and shell companies, as they operate closer to the companies and investors. Regional stock exchanges are considered highly specialized; they understand the needs of medium-sized, high-growth companies particularly well and are able to offer customized solutions with regard to specific requirements. The expertise of regional stock exchanges thus contributes significantly to ensuring that medium-sized companies in particular obtain efficient and precise access to the capital market, thereby keeping Germany's growth engine running.
About INSTANT IPO
INSTANT IPO is Europe's first independent specialist focusing on fast stock exchange admissions and is the market leader for shell companies in Germany.
As the official capital market partner of the Düsseldorf Stock Exchange, INSTANT IPO implements individual, time- and cost-efficient stock exchange admissions for companies in any industry. In addition to executing traditional initial public offerings (IPOs) or pure listings, INSTANT IPO's special expertise lies primarily in the segment of shell company/SPAC transactions (Reverse IPO, Reverse Merger or Reverse Takeover, Cold IPO), as shell companies offer considerable advantages to companies striving for a stock market listing.
Interested companies can obtain comprehensive information about shell companies from the market leader, request free information material, or arrange a free consultation via the INSTANT IPO website.
About INSTANT GROUP
For over 25 years, INSTANT GROUP AG has been a partner specialized in capital market transactions, holds growth-oriented investments, and, via its strategic cooperation partner INSTANT IPO SE as official capital market partner, organizes fast stock exchange admissions for small, medium-sized, and mid-cap companies across all industries.