Marlink Group Acquires ITC Global
January 22, 2021
Marlink Group, an Apax Partners portfolio company, entered into a definitive agreement to acquire 100% of ITC Global, a US-based provider of enterprise satellite communications solutions. The deal (originally announced January 2021 and completed after regulatory approvals) will integrate ITC Global into the Marlink platform to expand the Group's managed satcom capabilities and strengthen its presence in the energy, enterprise and maritime markets — particularly in the US, the UK and Australia.
- Buyers
- Marlink Group, Apax Partners
- Targets
- ITC Global
- Sellers
- Panasonic Corporation
- Industry
- Telecommunications
- Location
- Texas, United States
- Transaction Type
- Buyout
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