M&A Deal Summary

Gogo Acquires Satcom Direct

On September 30, 2024, Gogo acquired communications company Satcom Direct for 375M USD

Acquisition Highlights
  • This is Gogo’s 1st transaction in the Communications sector.
  • This is Gogo’s largest (disclosed) transaction.
  • This is Gogo’s 1st transaction in the United States.
  • This is Gogo’s 1st transaction in Florida.

M&A Deal Summary
Date 2024-09-30
Target Satcom Direct
Sector Communications
Buyer(s) Gogo
Deal Type Add-on Acquisition
Deal Value 375M USD
Advisor(s) J.P. Morgan Securities (Financial)
Haynes and Boone (Legal)

Target

Satcom Direct

Melbourne, Florida, United States
Satcom Direct provides global connectivity solutions for business and general aviation, military, government, and heads of state aircraft, as well as operations in areas with connectivity limitations such as remote locations, large-scale events, and disaster recovery. Satcom Direct was formed in 1997 and is based in Melbourne, Florida.

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Buyer(S) 1

Buyer

Gogo

Broomfield, Colorado, United States
Category Company
Founded 1991
Sector Communications
Employees457
Revenue 397M USD (2023)
DESCRIPTION

Gogo is an aero-communications service provider that offers in-flight Internet and voice connectivity solutions. Gogo was founded in 1991 and is based in Broomfield, Illinois.

DEAL STATS #
Overall 1 of 1
Sector (Communications) 1 of 1
Type (Add-on Acquisition) 1 of 1
State (Florida) 1 of 1
Country (United States) 1 of 1
Year (2024) 1 of 1
Size (of disclosed) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2020-08-31 Gogo - Commercial Aviation Business

Chicago, Illinois, United States

Gogo, Inc.'s Commercial Aviation Business is a provider of global satellite and ground network with software platform, ISP and network management infrastructure.

Sell $400M
Mergr

Product

Company

Legal