Author: Brenda Marie Rivers|| Date Published: December 6, 2019
A buyout group comprised of Apax Partners, Warburg Pincus and two Canadian pension funds has completed the acquisition of global satellite communications company Inmarsat in an approximately $3.3B deal, SpaceNews reported Thursday.
The report said Inmarsat ceased trading on the London Stock Exchange Thursday, two days after the High Court of Justice in England and Wales cleared Connect Bidco’s acquisition of the British satcom provider.
Inmarsat – which earned $327.3M in third-quarter revenue – has a government arm that offers mobile satcom services to the U.S. defense, civilian, homeland security, intelligence and public safety sectors.
C5MI has appointed Garth Sanginiti as chief growth officer, the Jacksonville Beach, Florida-based company announced Tuesday. What Will Sanginiti Do as Chief…
SOSi has been awarded a position on a $100 million indefinite-delivery/indefinite-quantity contract to provide strategic and technical services for the Enhanced…
