M&A Deal Summary

Hytera Communications Acquires Norsat International

On March 27, 2017, Hytera Communications acquired technology hardware company Norsat International for 62M USD

Acquisition Highlights
  • This is Hytera Communications’ 1st transaction in the Technology Hardware sector.
  • This is Hytera Communications’ largest (disclosed) transaction.
  • This is Hytera Communications’ 1st transaction in Canada.
  • This is Hytera Communications’ 1st transaction in British Columbia.

M&A Deal Summary
Date 2017-03-27
Target Norsat International
Sector Technology Hardware
Buyer(s) Hytera Communications
Deal Type Add-on Acquisition
Deal Value 62M USD
Advisor(s) Raymond James - Investment Banking
KPMG Corporate Finance LLC
Bayfield Strategy, Inc. (Financial)
McMillan (Legal)

Target

Norsat International

Richmond, British Columbia, Canada
Norsat International, Inc. is a provider of innovative communication solutions that enable the transmission of data, audio and video for remote and challenging applications. Norsat’s products and services include customizable microwave components, portable satellite systems, maritime solutions, remote network solutions, and equipment financing.

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Buyer(S) 1

Buyer

Hytera Communications

Shenzhen, China
Category Company
Founded 1993
Sector Technology Hardware
Employees5,991
Revenue 5.7B CNY (2023)
DESCRIPTION

Hytera Communications Corporation is a provider of professional mobile radio communications to government, public security, utility, transportation, enterprise & business for higher organizational efficiency. Hytera has established a global sales network with 30 branches in the USA, UK, Germany, Australia, Brazil, etc., and 600+ partners across the world. Hytera Communications Corporation was founded in 1993 and is based in Shenzhen, China.

DEAL STATS #
Overall 1 of 2
Sector (Technology Hardware) 1 of 2
Type (Add-on Acquisition) 1 of 2
State (British Columbia) 1 of 1
Country (Canada) 1 of 1
Year (2017) 1 of 2
Size (of disclosed) 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-05-25 Sepura Group

Cambridge, United Kingdom

Sepura Group is a manufacturer and supply of digital radio products, systems and applications developed specifically for business and mission critical communications. Sepura Group was founded in 2002 and is based Cambridge, United Kingdom.

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Product

Company

Legal