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  6. NextPlat Acquires Outfitter Satellite

M&A Deal Summary

NextPlat Acquires Outfitter Satellite

On March 26, 2024, NextPlat acquired communications company Outfitter Satellite

Acquisition Highlights
  • This is NextPlat’s 1st transaction in the Communications sector.
  • This is NextPlat’s 1st transaction in the United States.
  • This is NextPlat’s 1st transaction in Tennessee.

M&A Deal Summary
Date 2024-03-26
Target Outfitter Satellite
Sector Communications
Buyer(s) NextPlat
Deal Type Add-on Acquisition

Target

Outfitter Satellite

Nashville, Tennessee, United States
Outfitter Satellite provides consumers, commercial and government customers, with advanced satellite-based connectivity solutions from leading brands including Iridium, Inmarsat and Globalstar. Outfitter Satellite was founded in 1995 and is based in Nashville, Tennessee.

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Buyer(S) 1

Buyer

NextPlat

Coconut Grove, Florida, United States
Category Company
Founded 2008
Sector Information Technology
Employees162
Revenue 64M USD (2024)
DESCRIPTION

NextPlat is a global e-commerce platform company created to capitalize on multiple high-growth sectors and markets including technology and healthcare. NextPlat was founded in 2008 and is based in Coconut Grove, Florida.

DEAL STATS #
Overall 1 of 1
Sector: Communications M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: Tennessee M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2024 M&A 1 of 1
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