M&A Deal Summary

Castor Networks Acquires Telstream Telecoms Pty

On January 28, 2015, Castor Networks acquired communications company Telstream Telecoms Pty

Acquisition Highlights
  • This is Castor Networks’ 1st transaction in the Communications sector.
  • This is Castor Networks’ 1st transaction in South Africa.

M&A Deal Summary

Date 2015-01-28
Target Telstream Telecoms Pty
Sector Communications
Buyer(s) Castor Networks
Deal Type Add-on Acquisition

Target

Telstream Telecoms Pty

Bedfordview, South Africa
Telstream Telecoms Pty Ltd. is a provider of satellite communications solutions to customers throughout Africa with special focus on the Mining and Construction markets.

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Buyer(S) 1

Buyer

Castor Networks

Utrecht, Netherlands

Category Company
Founded 2005
Sector Communications
DESCRIPTION

Castor Networks is a satellite service provider and teleport operator. Castor Networks provides VSAT and mobile satellite services to companies active in the Mining, Maritime and Energy industries, NGO's and Governments. Broadcasting customers benefit from live audio and video transmission services, downlink and transcoding services and uplinking of TV bouquets.


DEAL STATS #
Overall 1 of 2
Sector: Communications M&A 1 of 2
Type: Add-on Acquisition M&A Deals 1 of 2
Country: South Africa M&A 1 of 1
Year: 2015 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-01-16 Watum Solutions B.V.

Groningen, Netherlands

Watum Solutions B.V. is a provider of IT networks and satellite communication for the shipping and offshore industry. Watum Solutions is specialized in designing, installing and maintaining IT and VSAT systems on board of commercial vessels, offshore vessels and drilling platforms and is active in Europe, Africa, the Mexican Gulf, the Caribbean Sea and the Middle-East.

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