M&A Deal Summary |
|
|---|---|
| Date | 2016-11-01 |
| Target | Harris CapRock Communications |
| Sector | Technology Hardware |
| Buyer(s) | SpeedCast |
| Sellers(s) | L3Harris |
| Deal Type | Divestiture |
| Deal Value | 425M USD |
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| Category | Company |
|---|---|
| Founded | 1989 |
| Sector | Communications |
| Revenue | 118M AUD (2014) |
Speedcast is a provider of remote communications and IT services in the world. Speedcast’s fully managed service is delivered via a global, multi-access technology, multi-band and multi-orbit network of 70+ satellites, and an interconnecting global terrestrial network, bolstered by extensive on-the-ground local support from 40+ countries. This global “network of networks” allows customers to fully rely on the most robust, integrated infrastructure available in the market for their mission-critical applications. Speedcast is uniquely positioned as a strategic business partner, tailoring communications, IT, and digital solutions to meet unique customer needs and enable business transformation. With a passionate customer focus and a strong safety culture, Speedcast serves more than 2,000 customers in more than 140 countries in sectors such as Maritime, Energy, Mining, Enterprise, Media, Cruise, NGOs and Government. Speedcast was founded in 1989 and is based in Houston, Texas.
| DEAL STATS | # |
|---|---|
| Overall | 6 of 8 |
| Sector (Technology Hardware) | 1 of 1 |
| Type (Divestiture) | 1 of 1 |
| State (Texas) | 1 of 1 |
| Country (United States) | 2 of 4 |
| Year (2016) | 1 of 1 |
| Size (of disclosed) | 1 of 3 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2015-12-29 |
NewCom International
Miami, Florida, United States NewCom International, Inc. is a global satellite and terrestrial communications provider and engineering firm. NewCom specialize in the design, implementation, operation and management of critical integrated voice, video, data, content and security solutions for government agencies, financial institutions, oil & mining companies, the maritime industry, ISPs, and other business sectors. |
Buy | - |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-07-19 |
UltiSat
Gaithersburg, Maryland, United States UltiSat, Inc. is a provider of end-to-end network and satellite communications services, UltiSat designs, implements, maintains, and operates turnkey satellite systems for government, government contractors, nongovernment organizations (NGOs), service providers, and enterprises in more than 130 countries on every continent. UltiSat, Inc. was founded in 2003 and is based in Gaithersburg, Maryland. |
Buy | $100M |
L3 Harris is a producer of communications products, systems and services for global markets, including RF communications, integrated network solutions and government communications systems. L3Harris Technologies was founded in 1895 and is based in Melbourne, Florida.
| DEAL STATS | # |
|---|---|
| Overall | 10 of 23 |
| Sector (Technology Hardware) | 3 of 3 |
| Type (Divestiture) | 9 of 22 |
| State (Texas) | 2 of 2 |
| Country (United States) | 10 of 23 |
| Year (2016) | 2 of 2 |
| Size (of disclosed) | 6 of 12 |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2016-02-29 |
Harris - Composite Aero-Structures division
United States Harris Corp. - Composite Aero-Structures division is a provider of advanced composite products primarily for airframe applications. |
Sell | $210M |
| DATE | TARGET | DEAL TYPE | VALUE |
|---|---|---|---|
| 2017-04-28 |
Peraton
Herndon, Virginia, United States Peraton is a provider of technology-focused services and solutions to various federal government agencies, including space, intelligence, defense, civil, and healthcare. Capabilities include complex software and technology services and solutions, and end-to-end mission operations abilities, including software systems development, cyber, modeling & simulation, mission operations, signal intelligence (SIGINT), and quick reaction capabilities (QRC) / research & development. Peraton is based in Herndon, Virginia. |
Sell | $690M |
