M&A Deal Summary

Emerging Markets Communications Acquires MTN Satellite Communications

On April 29, 2015, Emerging Markets Communications acquired communications company MTN Satellite Communications from Chart Capital Partners and Steelpoint Capital Partners

Acquisition Highlights
  • This is Emerging Markets Communications’ 1st transaction in the Communications sector.
  • This is Emerging Markets Communications’ 1st transaction in the United States.
  • This is Emerging Markets Communications’ 1st transaction in Florida.

M&A Deal Summary

Date 2015-04-29
Target MTN Satellite Communications
Sector Communications
Buyer(s) Emerging Markets Communications
Sellers(s) Chart Capital Partners
Steelpoint Capital Partners
Deal Type Add-on Acquisition

Target

MTN Satellite Communications

Miramar, Florida, United States
MTN Satellite Communications, Inc. is a provider of communications and content services for remote locations around the world.

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Buyer(S) 1

Buyer

Emerging Markets Communications

Miramar, Florida, United States

Category Company
Founded 2000
Sector Communications
DESCRIPTION

Emerging Markets Communications LLC is specializes in mission-critical communications and content for organizations and people on the move in the most remote locations.


DEAL STATS #
Overall 2 of 2
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 2 of 2
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2015) 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-10 General Industry Systems AS

Tananger, Norway

General Industry Systems (GIS) AS is a provider specializing in energy and maritime connectivity services for offshore operations.

Buy -

Seller(S) 2

SELLER

Chart Capital Partners

New York, New York, United States

Category Private Equity Firm
Founded 1994
Size Small
Type Sector Agnostic
DESCRIPTION

Chart Capital Partners is a private equity firm that invests in smaller middle-market companies through management buyouts, recapitalization and structured growth equity investments. Chart targets profitable, growth-oriented companies and enterprise value of $15 to $250 million. The Firm will consider opportunities throughout North America and looks to invest $10 to $50 million per transaction. Sectors of interest include energy services, food/beverage, communications, and niche manufacturing. Chart Capital seeks companies with revenue between $15 to $100 million. Chart Capital Partners was founded in 1995 and is based in New York City.


DEAL STATS #
Overall 7 of 10
Sector (Communications) 1 of 2
Type (Add-on Acquisition) 5 of 7
State (Florida) 1 of 1
Country (United States) 5 of 8
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-07-31 Laney Drilling

Waller, Texas, United States

Laney Drilling is an independent horizontal directional drilling (HDD) company serving the oil and gas pipeline industry. Company is the only provider of integrated engineering, design and construction services for complex, large-scale HDD projects. Other applications of HDD include communication conduits, water lines, sewer lines and environmental remediation casings. Laney Drilling was founded in 1989 and is based in Waller, Texas.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2016-05-03 ATAC

Newport News, Virginia, United States

ATAC provides tactical airborne training services to the US Department of Defense and foreign allied governments via its fleet of more than 24 subsonic and supersonic fighter aircraft and its staff of elite military-trained pilots. ATAC was founded in 1994 and is based in Newport News, Virginia.

Sell -
DESCRIPTION

Steelpoint Capital Partners is a private investment firm focused on investing in emerging consumer companies. Steelpoint is an active investor and pursues opportunities where it can provide guidance and expertise. Specific areas of interest include apparel, sporting goods, nutrition, and recreation. Steelpoint Capital Partners was formed in 2003 and is based in Carlsbad, California.


DEAL STATS #
Overall 13 of 17
Sector (Communications) 2 of 2
Type (Add-on Acquisition) 10 of 12
State (Florida) 1 of 1
Country (United States) 12 of 16
Year (2015) 1 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-11-25 Kidrobot

Boulder, Colorado, United States

Kidrobot is a creator and retailer of limited-edition art toys, such as mini-figures, posters, clothing and action figures.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-10-23 H2O Audio

Solana Beach, California, United States

H2O Audio is a developer of audio solutions for athletes. With seven patents and over a decade of technological innovation, H2O Audio offers headphones, cases, and other accessories to harness the power of music regardless of sport or climate. H2O Audio is based in Solana Beach, California.

Sell -