.
MergerLinks Header Logo

New Deal


Announced

Completed

Centerbridge completed the $500m investment in Speedcast.

Financials

Edit Data
Transaction Value£365m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Telecommunications Services: Other

broadband facilities

maritime services

network services

network solutions

Australia

Private

Single Bidder

Minority

Domestic

Acquisition

Completed

Private Equity

Friendly

Synopsis

Edit

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.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.

CONTACT US