Endurance Acquisition Corp. Completes Business Combination with SatixFy Communications

MDA Space to Acquire SatixFy Communications for $193 Million

April 3, 2025

Telecommunications

MDA Space entered into a definitive agreement to acquire all outstanding shares of SatixFy Communications in an all-cash transaction valued at approximately $193 million (about C$278 million). SatixFy shareholders overwhelmingly approved the proposed merger, and the deal is expected to close in Q3 2025, subject to customary conditions and regulatory approvals.

CX1 Capital Acquires SatCom Marketing

January 8, 2026

Professional Services

CX1 Capital Inc., a Toronto-based private equity sponsor, has completed the acquisition of Fort Myers, Florida-based SatCom Marketing (doing business as SatComCX). CX1 founder Sajan Choksi was named CEO of SatComCX and the deal is described as the first step in a buy-and-build expansion plan to modernize systems, grow the company's footprint, and create new employee opportunities.

Satellogic Completes Business Combination with CF Acquisition Corp. V

January 25, 2022

Aerospace & Defense

Satellogic Inc. completed a business combination with CF Acquisition Corp. V (CFV), and its Class A ordinary shares and warrants began trading on Nasdaq on January 26, 2022 under the tickers SATL and SATLW. The transaction provides Satellogic approximately $262 million in gross proceeds—including a $100 million PIPE led by SoftBank's SBLA Advisers and Cantor Fitzgerald and a $150 million private placement commitment from Liberty Strategic Capital—to scale its satellite constellation and expand its high-resolution Earth-observation and analytics capabilities.

GapSat Acquires QBX Limited

January 16, 2023

Telecommunications

GapSat Development Group Limited acquired Isle of Man–based QBX Limited to obtain a portfolio of satellite radio frequency spectrum filings and related intellectual property. The acquisition positions GapSat to accelerate development of a geostationary satellite constellation and expand capability to serve aero-mobility and marine connectivity markets.

Dynatrace Acquires SpectX

September 14, 2021

Data & Analytics

Dynatrace has completed the acquisition of high-speed parsing and query analytics company SpectX to enhance observability and application security analytics within its Software Intelligence Platform. The deal brings SpectX's parsing/query analytics technology and team into Dynatrace to accelerate the convergence of observability and security for hybrid, multicloud environments.

Polytek Development Corp. Acquires Endurance Technologies

February 3, 2021

Manufacturing

Polytek Development Corp., a portfolio company of Arsenal Capital Partners, has acquired Endurance Technologies, a South St. Paul, Minnesota-based formulator and manufacturer of polyurethane and epoxy systems. The acquisition expands Polytek's manufacturing footprint, technical capabilities and product portfolio across industrial and consumer end markets; Endurance's owner David Hoeffel will remain active with the brand.