Announced
Completed
Financials
Tags
Telecommunications Services: Other
broadband facilities
maritime services
network services
network solutions
Australia
Private
Single Bidder
Minority
Domestic
Acquisition
Completed
Private Equity
Friendly
Synopsis
Centerbridge, a multi-strategy private investment firm, completed the $500m investment in Speedcast, a communications and IT services provider. “Speedcast’s best-in-class technology and connectivity solutions provide a leading value proposition to the Company’s customers, enhancing productivity, communication and safety. We continue to be excited about investing behind Joe and the Speedcast team’s innovation and support of its customers and partners in the next phase of growth for the Company," Jared Hendricks, Centerbridge Senior Managing Director.
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