A buyout group comprised of Apax Partners, Warburg Pincus and two Canada-based pension funds has completed the acquisition of global satellite communications company Inmarsat through an approximately $3.3B transaction, SpaceNews reported Thursday.
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Report: Private Equity Group Inches Closer to $3.4B Inmarsat Acquisition
A consortium led by private-equity firms Warburg Pincus and Apax Partners is close to finalizing the purchase of global satellite communications company Inmarsat for approximately $3.4B after U.K. regulators found that the deal would not hurt competition or impact national security, Bloomberg reported Wednesday.
Read More »Foreign Investment Committee Completes Review of Takeover Bid for Inmarsat
The Committee on Foreign Investment in the U.S. has finalized its review of the proposed takeover offer for satellite communications firm Inmarsat by Bidco, an entity owned by a consortium of private equity firms and two Canada-based pension funds.
Read More »Report: Inmarsat Buyers Pledge to Keep Satcom Company’s UK Operations
A consortium of private equity firms and Canada-based pension funds seeking to acquire Inmarsat agreed to a number of legally binding commitments with the U.K. government to maintain the satellite communications firm’s operations in the U.K., Reuters reported Thursday.
Read More »Inmarsat to Provide DISA Satcom Services Under Potential $246M BPA
Inmarsat's government business has won a potential five-year, $246M blanket purchase agreement to provide the Defense Information Systems Agency with satellite communication services. The BPA contains a one-year base period that runs through June 18 of next year, followed by four option years, the Department of Defense said Tuesday.
Read More »Report: Inmarsat Shareholders OK $3.4B Takeover Offer From Private Equity Firms, Pension Funds
Holders of nearly 79 percent of shares at Inmarsat approved Friday a $3.4B takeover offer from a consortium of private equity firms and two Canada-based pension funds, Reuters reported Friday. The vote came after the U.K.-based satellite telecommunications firm’s board backed the $7.21 per share cash bid from Apax Partners, Warburg …
Read More »Report: Inmarsat Gets $3.4B Takeover Bid From Private Equity Firms, Pension Funds
Global satellite communications firm Inmarsat has received a $3.4B takeover offer from a consortium of private equity firms and Canada-based pension funds, Bloomberg reported Monday. Apax Partners, Warburg Pincus, Canada Pension Plan Investment Board and Ontario Teachers’ Pension Plan Board made a $7.21-per-share bid for Inmarsat through a joint venture owned in …
Read More »Inmarsat’s Rebecca Cowen-Hirsch Calls for Clear Gov’t Strategy, Funds for Commercial Satcom Procurement
TYSONS CORNER, VA, January 4, 2018 — Rebecca Cowen-Hirsch, senior vice president for government strategy and policy at Inmarsat Government, has said the government needs a defined strategy and funding for the acquisition, operations and maintenance of commercial satellite communications capabilities, ExecutiveBiz reported Dec. 13. Space News reported Dec. 12 …
Read More »Inmarsat Provides Satcom Connectivity for General Atomics RPA Trans-Atlantic Flight Test
TYSONS CORNER, VA, July 16, 2018 — An Inmarsat Government L-band satellite communications system has helped General Atomics’ aeronautical systems division control an MQ-9B SkyGuardian remotely piloted aircraft on its first flight across the Atlantic, ExecutiveBiz reported Friday. The SwiftBroadband system, which uses the I-4 satellite network to provide worldwide connectivity, was used in …
Read More »Inmarsat Government’s Rebecca Cowen-Hirsch: Terminals a Key Area for DoD Wideband Satcom Opportunities
TYSONS CORNER, VA, July 9, 2018 — Rebecca Cowen-Hirsch, senior vice president of government strategy and policy for Inmarsat Government, has noted that terminals are a key element in the findings of the Defense Department‘s analysis of alternatives on wideband satellite communications, ExecutiveBiz reported June 29. Space News reported June …
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