Brivo / Crown PropTech SPAC Interview | Cloud Access Control Solutions | NYSE: CPTK

Brivo founder and CEO Steve Van Till and Crown PropTech CEO Richard "Ricky" Chera join Dan Dombroski to discuss their SPAC transaction. Steve dives into the explosive growth within the space over the last two decades and how his company has remained at the forefront of cloud access control innovation. He further highlights how transformative the pandemic has been for customer needs. Both Ricky and Steve highlight Brivo's aggressive expansion plans and why the partnership with Crown PropTech is so significant.

We also cover questions such as- how have US demographics changed from the pandemic? Why does a SPAC transaction make sense? What challenges do new companies to the access control space face?

New York Stock Exchange (NYSE): CPTK
Unit: CPTKU
Warrant:CPTK/W

0:00 Introduction
4:18 What prepared the Crown PropTech team for being the right partner for Brivo?
12:10 Evolution of the space
17:42 What does Brivo offer and in what markets?
27:43 How have users needs changed with the pandemic?
32:32 Use of SPAC proceeds to fund growth
41:10 What challenges do new entrants to the space face?
43:31 What do potential acquisitions look like for Brivo?
48:07 Transaction recap

About Steve Van Till
Steve Van Till is the Founder of Brivo and has served as Brivo’s Chief Executive Officer since 2008. Steve currently serves as Chairman of the Standards Committee for the Security Industry Association (SIA) and holds numerous patents in the field of physical security. Prior to founding Brivo, he served as Director of Internet Consulting at Publicis Sapient, led Internet strategy at healthcare analytics provider HCIA and developed satellite communications products at Comsat and Geostar.

About Richard Chera
Richard Chera is the CEO of Crown PropTech Acquisitions and brings over over 20 years of experience in leading large real estate transactions and retail development, branding assets and integrated technologies. He is a co-founder and serves as senior managing director of Crown Acquisitions Inc., or Crown, a New York-based holding company with extensive holdings in real estate and branding assets. At Crown, Richard has executed several marquee transactions, including the acquisition of 650 Madison Avenue from the Carlyle Group, the sale of the retail portion of 666 Fifth Avenue, the acquisition of the Olympic Tower at 641 Fifth Avenue and the adjacent Versace and Cartier mansions from an affiliate of the Alexander S. Onassis Public Benefit Foundation.

In addition to his duties at Crown, Mr. Chera co-founded ReWyre®, a technology aggregator and intelligent city master planner based in New York City. By way of his holdings in Crown Star, a U.K.-based company, ReWyre® collaborates on projects in the U.S. and Canada with design and engineering firms based in Europe and Asia to design “smart” cities for the future.


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