SpeedCast - M&A Summary, Ownership, and Business Overview

CommunicationsCompany

SpeedCast M&A Summary

SpeedCast has acquired 8 companies of its own. A total of 2 acquisitions came from private equity firms.

SpeedCast’s largest acquisition to date was in 2016, when it acquired Harris CapRock Communications for $425M. SpeedCast has acquired in 4 different US states, and 5 countries. The Company’s most targeted sectors include communications (88%) and technology hardware (13%).

SpeedCast Ownership

Who owns SpeedCast?

SpeedCast is owned by Centerbridge Partners. It was acquired on August 13, 2020.

Is SpeedCast PE-backed?

Yes. SpeedCast is owned by private equity investor Centerbridge Partners.

SpeedCast Business Overview

Where is SpeedCast headquartered?

SpeedCast is headquartered in Houston, Texas.

What is SpeedCast’s revenue?

SpeedCast disclosed revenue of 118M AUD for 2014 and 91M AUD for 2013.

What sector is SpeedCast in?

SpeedCast is a communications company.

When was SpeedCast founded?

SpeedCast was founded in 1989.

M&A Summary

  • M&A Total Activity8
    • M&A Buy Activity8
  • Total Sectors Invested 2
  • Total Countries Invested 5
  • M&A Buy/Sell Connections 3
  • M&A Advisors 4

SpeedCast

SpeedCast International Ltd.

4400 South Sam Houston Parkway East,
Houston, Texas 77048
United States,
(832) 668-2300
www.speedcast.com

Speedcast is a provider of remote communications and IT services in the world. Speedcast’s fully managed service is delivered via a leading global, multi-access technology, multi-band and multi-orbit network of 70+ satellites, and an interconnecting global terrestrial network, bolstered by extensive on-the-ground local support from 40+ countries. This global “network of networks” allows customers to fully rely on the most robust, integrated infrastructure available in the market for their mission-critical applications. Speedcast is uniquely positioned as a strategic business partner, tailoring communications, IT, and digital solutions to meet unique customer needs and enable business transformation. With a passionate customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in more than 140 countries in sectors such as Maritime, Energy, Mining, Enterprise, Media, Cruise, NGOs and Government. Speedcast was formed in 1989 and is based in Houston, Texas.


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 8 - - - - - 8
vol $660M $660M
Sell (0.0/yr) # - - - - - - 0
  8

Most Recent M&A

Company Date Value Type
Globecomm Systems, Inc. 2018-08-28 135M USD Add-on Acquisition
Hauppauge, New York · www.globecommsystems.com
UltiSat, Inc. 2017-07-19 100M USD Add-on Acquisition
Gaithersburg, Maryland · www.ultisat.com
Harris CapRock Communications, Inc. 2016-11-01 425M USD Divestiture
Houston, Texas · www.harriscaprock.com
NewCom International, Inc. 2015-12-29 - Add-on Acquisition
Miami, Florida · www.newcom-intl.com
ST Teleport Pte Ltd. 2015-11-13 - Add-on Acquisition
Singapore, Singapore · www.stteleport.com
SAIT Communications Ltd. 2015-07-28 - Add-on Acquisition
, Cyprus
NewSat Ltd. 2015-07-10 - Add-on Acquisition
Southbank, Australia · www.newsat.com
Geolink Satellite Services SAS 2015-02-25 - Add-on Acquisition
Paris, France · www.geolink.com
View All >>

M&A by Sector

Sector Buy # Value Sell # Value
Communications 7 (88%) 235M (36%) - -
Technology Hardware 1 (13%) 425M (64%) - -
Total 8 $660M - -

By Geo

State/Country Buy Value Sell Value
United States 4 660M - -
  Texas 1 425M - -
  New York 1 135M - -
  Maryland 1 100M - -
  Florida 1 - - -
Australia 1 - - -
Cyprus 1 - - -
France 1 - - -
Singapore 1 - - -
Domestic 4 (50%) 660M (100%) - -
Cross-border 4 (50%) - - -
Total 8 $660M - -

Top M&A Advisors

Financial Deals
Jefferies
1
J.P. Morgan Securities
1
Deloitte
1
Legal Deals
Goodwin Procter
3

Deal Values

buy # Total
$100M to $1B 2 $560M
< $100M 1 $100M
TOTAL $660M
Largest Harris CapRock Communications, Inc.
$425M (2016-11-01)

M&A Connections

Deals
Acquired from
Investor(s)
25%
2 (25%)
Strategic(s)
13%
1 (13%)

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