Add-on Acquisition • Communications

SpeedCast Acquires Hermes Datacommunications International

On March 16, 2015, SpeedCast acquired communications company Hermes Datacommunications International

Acquisition Context
  • This is SpeedCast’s 6th transaction in the Communications sector.
  • This is SpeedCast’s 1st transaction in the United Kingdom.

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M&A Deal Summary

Date March 16, 2015
Target Hermes Datacommunications International
Sector Communications
Buyer(s) SpeedCast
Deal Type Add-on Acquisition
Advisor(s) Akira Partners (Financial)

Target Company

Hermes Datacommunications International

Shrewsbury, United Kingdom
Hermes Datacommunications International Ltd. is a provider of managed network services for the upstream oil and gas industry. Hermes Datacomms provides satellite and fibre links to some of the most remote and challenging locations, both onshore and offshore.
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Buyer Overview 1

Buyer

SpeedCast

Houston, Texas, United States

Category Company
Founded 1999
Sector Communications
DESCRIPTION

SpeedCast is a global network solutions provider, enabling critical communications on land and at sea. Providing high-quality managed network services in over 40 countries, SpeedCast delivers unparalleled capabilities for satellite services to meet both corporate and carrier requirements. With 14 international points of presence and 16 teleport operations, SpeedCast is your local partner from Asia to the world. SpeedCast was formed in 1999 and is based in Houston, Texas.


Deal Context for Buyer #
Overall 6 of 6
Sector: Communications 6 of 6
Type: Add-on Acquisition 6 of 6
Country: United Kingdom 1 of 1
Year: 2015 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-06-18 Oceanic Broadband Solutions Pty.

Worongary, Australia

Oceanic Broadband Solutions Pty. Ltd. is a provider of high speed, business grade satellite internet, telephony and IPTV services.

Buy -