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
Location
Texas, United States
Transaction Type
Buyout

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