M&A Deal Summary

Expedition Communications Acquires Mobil Satellite Technologies

On September 8, 2021, Expedition Communications acquired technology hardware company Mobil Satellite Technologies

Acquisition Highlights
  • This is Expedition Communications’ 1st transaction in the Technology Hardware sector.
  • This is Expedition Communications’ 1st transaction in the United States.
  • This is Expedition Communications’ 1st transaction in Virginia.

M&A Deal Summary
Date 2021-09-08
Target Mobil Satellite Technologies
Sector Technology Hardware
Buyer(s) Expedition Communications
Deal Type Add-on Acquisition

Target

Mobil Satellite Technologies

Chesapeake, Virginia, United States
website
Mobil Satellite Technologies provides mobile and portable VSAT hardware and service to hundreds of Federal, State, County and Municipal mobile command centers, oil & gas exploration teams, mobile medical, and humanitarian missions. Mobil Satellite Technologies was founded in 1996 and is based in Chesapeake, Virginia.

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Buyer(S) 1

Buyer

Expedition Communications

Carlsbad, California, United States

website

Category Company
Founded 2008
Sector Communications
DESCRIPTION

Expedition Communications is a telecommunications solutions provider. The company specializes in designing and streamlining satellite-based communication solutions that power the daily flow of information for small to enterprise-sized businesses and government agencies. Expedition Communications was founded in 2008 and is based in Carlsbad, California.

DEAL STATS #
Overall 1 of 1
Sector (Technology Hardware) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Virginia) 1 of 1
Country (United States) 1 of 1
Year (2021) 1 of 1
Mergr

Product

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