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  5. GapSat Acquires QBX

M&A Deal Summary

GapSat Acquires QBX

On January 16, 2023, GapSat acquired communications company QBX

Acquisition Highlights
  • This is GapSat’s 1st transaction in the Communications sector.
  • This is GapSat’s 1st transaction in the United Kingdom.

M&A Deal Summary
Date 2023-01-16
Target QBX
Sector Communications
Buyer(s) GapSat
Deal Type Add-on Acquisition

Target

QBX

Douglas, United Kingdom
QBX is a satellite solutions and consulting services company with a portfolio of satellite radio frequency spectrum and intellectual property. QBX is based in Douglas, Isle of Man.

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Buyer(S) 1

Buyer

GapSat

Road Town, Virgin Islands (British)
Category Company
Founded 2011
Sector Communications
DESCRIPTION

GapSat provides complete in-orbit geostationary communications satellites on an interim basis to satellite operators. GapSat was formed in 2011 and is based in Road Town, British Virgin Islands.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2023 M&A 1 of 1
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