M&A Deal Summary |
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Date | 2013-12-17 |
Target | Globe Wireless |
Sector | Communications |
Buyer(s) | Inmarsat |
Sellers(s) | Summit Partners |
Deal Type | Add-on Acquisition |
Deal Value | 45M USD |
Advisor(s) | Redwood Capital Group LLC (Financial) |
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Category | Company |
---|---|
Founded | 1979 |
Sector | Communications |
Revenue | 1.5B USD (2018) |
Inmarsat is a global mobile satellite communications provider that owns and operates a diverse global portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band, and S-band, enabling unparalleled breadth and diversity in the solutions it provides. Inmarsat's long-established global distribution network includes not only the world's leading channel partners but also its own strong direct retail capabilities, enabling end-to-end customer service assurance. The company has an unrivalled track record of operating reliable global mobile satellite telecommunications networks, sustaining business and mission critical safety and operational applications for more than 40 years. It is also a major driving force behind technological innovation in mobile satellite communications, sustaining its leadership through a substantial investment and a powerful network of technology and manufacturing partners. Inmarsat was formed in 1979 and is based in London.
DEAL STATS | # |
---|---|
Overall | 2 of 2 |
Sector (Communications) | 2 of 2 |
Type (Add-on Acquisition) | 2 of 2 |
State (Florida) | 1 of 1 |
Country (United States) | 2 of 2 |
Year (2013) | 1 of 1 |
Size (of disclosed) | 1 of 1 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-08-01 |
Energy Broadband Business - Inmarsat
London, United Kingdom
|
Sell | $25M |
Category | Growth Capital Firm |
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Founded | 1984 |
PE ASSETS | 39.0B USD |
Size | Mega |
Type | Sector Agnostic |
Summit Partners is a private investment and asset management firm focused on venture, growth, credit, and public equity investing. Sectors of interest include business services, communications technology and services, consumer products, energy, financial services, healthcare and life sciences, industrial products, internet/information services, media/entertainment, semiconductors, electronics, and software. Summit Partners is known for having a proactive business development group for sourcing transactions. Summit will consider both minority or majority investment stakes and is willing to commit as little as $10 million or as much as $500 million in combined debt/junior capital per transaction. The Firm's geographic coverage spans North America and Europe. Summit Partners was formed in 1984 and is headquartered in Boston, Massachusetts.
DEAL STATS | # |
---|---|
Overall | 173 of 286 |
Sector (Communications) | 14 of 16 |
Type (Add-on Acquisition) | 81 of 127 |
State (Florida) | 15 of 17 |
Country (United States) | 163 of 246 |
Year (2013) | 11 of 12 |
Size (of disclosed) | 47 of 49 |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-12-16 |
freenet digital
Berlin, Germany freenet digital GmbH is a provider of entertainment, content and services, including wireless carriers and handset manufacturers for the digital consumer. |
Sell | - |
DATE | TARGET | DEAL TYPE | VALUE |
---|---|---|---|
2013-12-20 |
Tippmann Sports
Buffalo Grove, Illinois, United States Tippmann Sports LLC is manufactures high-performance paintball markers and accessories. Its products are sold through specialty paintball dealers, distributors, and the mass merchant channel. |
Sell | - |