Centurion Acquisition
Centurion Acquisition Corp. is a Nasdaq-listed special purpose acquisition company that raised $287.5 million in its June 2024 IPO to identify and execute a business combination with a target in the technology, gaming, or interactive entertainment sector.
- Company typePublic
- Founded2024
- HeadquartersNew York, United States
- Headcount1–10
- GTM typeB2B
- OfferingServices
What Centurion Acquisition does
Centurion Acquisition Corp. is a special purpose acquisition company (SPAC) formed in 2024 and listed on the Nasdaq Global Market under ticker symbol ALFUU. It completed a $287.5 million initial public offering in June 2024, consisting of 28,750,000 units at $10.00 per unit (including full exercise of the underwriters' 3,750,000-unit over-allotment option), with each unit comprising one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share. The company has no operating products or proprietary technology; its sole corporate purpose is to effect a merger, share exchange, asset acquisition, share purchase, or similar business combination with one or more target businesses. The IPO proceeds sit in a trust account pending a deal.
The company's stated acquisition mandate spans a broad cross-section of the technology and digital entertainment economy, including video gaming, interactive entertainment, cybersecurity, artificial intelligence, SaaS, deep tech, film/television, music, esports, live streaming, metaverse/NFTs, and live events. It markets itself as an "owner-friendly buyer of choice" emphasizing a "founder-friendly mindset," operational scaling support, and creative independence for target founders, with explicit intent to pursue add-on acquisitions after a primary business combination. There is no operational revenue at present, and economics depend on the eventual acquisition target's performance and any post-deal value creation.
The company is led by a management team with operating and capital-markets pedigree in interactive entertainment and technology. CEO Mark Gerhard previously served as CEO/CTO of Jagex (RuneScape) and PlayFusion; COO Riaan Hodgson was CFO/COO at PlayFusion and CFO at Jagex, and is a qualified Chartered Accountant (Ernst & Young); President David Gomberg co-founded PlayFusion, Seven Footer Entertainment, and Lazoo Worldwide. Directors include Bob Foresman (former UBS Vice Chairman, Barclays Country Head for Russia/CIS), Mickie Rosen (former Yahoo SVP, Tribune Publishing President, board member of Pandora, FaZe Clan, and Nine Entertainment), and Michael Jesselson (President/CEO of Jesselson Capital since 1994, early AOL-era internet investor). Senior Board Advisor Andrzej Dudek brings Barclays Capital and PlayWay (Polish video game publisher) experience. Centurion is headquartered at 667 Madison Avenue, 5th Floor, New York, NY 10065, and currently operates with 1–10 employees.
Centurion Acquisition firmographics
Firmographics- Name
- Centurion Acquisition
- Legal name
- Centurion Acquisition Corp.
- Website
- https://centurionacquisition.com
- Company type
- Public
- Founded year
- 2024
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- Centurion Acquisition Corp. is a Nasdaq-listed special purpose acquisition company that raised $287.5 million in its June 2024 IPO to identify and execute a business combination with a target in the technology, gaming, or interactive entertainment sector.
- Ownership category
- akta.pro rank
Centurion Acquisition industry classification
Industry- Product category
- Special Purpose Acquisition Company (SPAC)
- NAICS
- Securities and Commodity Exchanges (52321)
- SIC
- Security Brokers, Dealers & Flotation Companies (6211)
- akta.pro primary industry
- Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory) (BPAHAOAL)
Keywords
Where Centurion Acquisition is headquartered
LocationHeadquarters
- HQ city
- New York
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Centurion Acquisition business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Marketing or Sales, Others
Revenue model
- IPO Proceeds: As a SPAC, Centurion raised $250 million in its initial public offering of 25,000,000 units at $10.00 per unit. The offering was subsequently expanded to $287.5 million including full exercise of underwriters' over-allotment option, with 28,750,000 units issued. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share.
- Post-Business Combination Value Creation: Following a business combination with a target company, Centurion anticipates generating value through operational expertise, organic growth initiatives, and potential add-on acquisitions. The company seeks targets with stable revenue and cash flows that are profitable or have a clear path to profitability.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| One time/ perpetual license | One time/ perpetual license | IPO Units - $10.00 per unit |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels4 records
Centurion Acquisition product offering
Product offeringCore offering
Centurion Acquisition Corp. is a special purpose acquisition company (SPAC) that raised $287.5 million in its June 2024 IPO on Nasdaq (ticker: ALFUU). The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It focuses its acquisition search on technology sector targets including video gaming, interactive entertainment, cybersecurity, artificial intelligence, SaaS, deep tech, esports, live streaming, metaverse/NFTs, and related consumer services and enabling technologies.
Product overview
Centurion Acquisition Corp. is a special purpose acquisition company (SPAC) that does not operate its own products or services. The company was formed to identify, acquire, and potentially operate a business in the technology sector. It is not itself a product company but rather an acquisition vehicle seeking target companies in sectors including video gaming, interactive entertainment, cybersecurity, artificial intelligence, SaaS, deep tech, film/television, music, comics, board games, books, e-sports, live streaming, metaverse/NFTs, live events, and consumer services.
Differentiator
Problem solved
Functional benefit
Products and services
- IPO Units (Class A Ordinary Share + Redeemable Warrant) Securities issued by Centurion Acquisition Corp. in its Nasdaq IPO. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable for one Class A ordinary share at $11.50 per share. Targeted at public market investors participating in the SPAC IPO.
- Class A Ordinary Shares (Separate Trading) Separately traded Class A ordinary shares of Centurion Acquisition Corp., previously bundled within IPO units, made available for independent trading on Nasdaq.
- Redeemable Warrants (Separate Trading) Separately traded redeemable warrants of Centurion Acquisition Corp., each whole warrant exercisable to purchase one Class A ordinary share at $11.50 per share.
Companies that use Centurion Acquisition
Customer profileSegments2 records
Ideal customer profiles1 record
Centurion Acquisition technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Centurion Acquisition partnerships and signals
Strategic signalScale indicators5 records
Recent moves7 records
Expansion highlights5 records
Centurion Acquisition competitors and assessment
Company assessmentDirect peers
- dMY Technology Group: Tech-focused SPAC sponsor (combinations include Genius Sports, IonQ); direct peer in mandate and target vertical overlap with Centurion.
- Twelve Seas Acquisition Corp II: Tech-focused SPAC where Centurion director Bob Foresman also serves; direct comparable in mandate, structure, and capital-markets profile.
- Ascendant Capital Acquisition Corp I: SPAC that completed a business combination with MarketWise; both Centurion directors Mickie Rosen and Michael Jesselson served on its board, making it a closely comparable vehicle.
- Ascendant Capital Acquisition Corp III: Liquidation-era SPAC previously governed by Centurion directors Rosen and Jesselson; structurally and operationally similar to Centurion.
Broad incumbents
- Social Capital Hedosophia (SECH / Social Capital Suvretta): Established, multi-vehicle SPAC platform sponsored by Chamath Palihapitiya; broader incumbent comparable to a single Centurion vehicle.
- Gores Holdings / Gores Technology Partners: Multi-vehicle SPAC sponsor with significant tech M&A track record; broader incumbent in the same deal-sourcing landscape.
- Virgin Group Acquisition Corp II: Tech-tilted SPAC that combined with NextBridge; comparable as a sponsor-led, founder-friendly special-purpose vehicle.
Emerging players
- Tech and Growth-focused blank-check SPAC universe (e.g., Austerlitz I/II, Sizzle Acquisition): Newer SPAC vehicles targeting consumer and tech growth assets; partial overlap with Centurion's mandate and competitive set for target companies.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat3 records
Key risks6 records
Key highlights6 records
Customer concentration
Centurion Acquisition financial estimates
Financial estimateRevenue estimate
Valuation estimate
Centurion Acquisition leadership team
Management profileNumber of profiles
Profiles7 records
Centurion Acquisition funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Centurion Acquisition M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Centurion Acquisition
What does Centurion Acquisition do?
Centurion Acquisition Corp. is a special purpose acquisition company (SPAC) that raised $287.5 million in its June 2024 IPO on Nasdaq (ticker: ALFUU). The company was formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. It focuses its acquisition search on technology sector targets including video gaming, interactive entertainment, cybersecurity, artificial intelligence, SaaS, deep tech, esports, live streaming, metaverse/NFTs, and related consumer services and enabling technologies.
Is Centurion Acquisition a public or private company?
Centurion Acquisition is a public company. It is classified as public and is currently operating.
When was Centurion Acquisition founded?
Centurion Acquisition was founded in 2024. It employs 1 to 10 people.
Where is Centurion Acquisition based?
Centurion Acquisition is headquartered in New York, United States, in the North America region.
How does Centurion Acquisition make money?
Two revenue lines are on record. IPO Proceeds are the primary driver. The others are post-Business Combination Value Creation.
Who are Centurion Acquisition's main competitors?
Direct peers on record are dMY Technology Group, Twelve Seas Acquisition Corp II, Ascendant Capital Acquisition Corp I and Ascendant Capital Acquisition Corp III. Broad incumbents are Social Capital Hedosophia (SECH / Social Capital Suvretta), Gores Holdings / Gores Technology Partners and Virgin Group Acquisition Corp II. Tech and Growth-focused blank-check SPAC universe (e.g., Austerlitz I/II, Sizzle Acquisition) is listed as an emerging player.
Does Centurion Acquisition have an API?
No public API is recorded for Centurion Acquisition.
What industry is Centurion Acquisition in?
Centurion Acquisition's product category is Special Purpose Acquisition Company (SPAC). Its primary akta.pro industry code is BPAHAOAL, Capital Markets Advisory (IPO Readiness, SPAC, ECM/DCM Advisory). Its NAICS code is 52321 and its SIC code is 6211.