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New Deal


Announced

Spire Global to acquire exactEarth for $161m.

Financials

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Transaction Value£116m
Consideration TypeOrdinary Shares, Cash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Single Bidder

data services

Majority

Pending

Canada

Friendly

Private

Cross Border

Information / Data Services

maritime vessel data

Synopsis

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Spire Global, a provider of space-based data, analytics and space services, agreed to acquire exactEarth, a provider of global maritime vessel data for ship tracking and maritime situational awareness solutions, for $161m. The transaction is expected to be accretive on both a revenue basis and an adjusted EBITDA basis. The transaction has been approved by the boards of directors of both companies and exactEarth’s board of directors recommends that exactEarth shareholders vote in favor of the transaction.

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