Ausonia Cruise Holdings announced today the formation of its Monaco-based corporate entity as a main governing body for its cruise-industry investment ventures, according to a press release.

The new company said it brings together a team of experienced finance professionals and cruise industry operating executives.

Its aim is to develop “Special Purpose Acquisition Companies” incorporated for the purpose of effecting a merger, asset acquisition, or similar business combination with one or more entities.

“We expect to focus on cruise, yachting or cruise-centric businesses that have attractive growth-oriented characteristics and strong underlying drivers. As we focus our efforts on identifying prospective target companies, we seek to capitalize on the decades of combined experience of our board of directors and eco-system partners,” the company said. “Our strategy is focused on managed growth and the acquisition of select assets and/or companies with the potential to create value in the long run.

“As we complete the initial stages of team formation and pre-IPO sponsorship, our aim is to proceed towards an IPO in 2022 on a select US-based marketplace in order to secure the financing necessary to proceed with our acquisition strategy,” the company said in a press release. “Our Board of Directors consists of cruise industry experts who are working together to take advantage of investment opportunities under the current favorable business climate, both in terms of asset valuation and availability of capital.”