Announced
Completed
Financials
Tags
Spain
Private Equity
Private
Cross Border
Friendly
Acquisition
Completed
Telecommunications Services: Other
Single Bidder
marine telecoms
Majority
Synopsis
Ergon Capital Partners, a private equity firm, completed the acquisition of Satlink, a marine telecoms specialist, from Arta Capital, a midmarket private equity firm, for $202m. “We are thrilled to start this new phase alongside Ergon and will continue to focus on our success factors to-date: relentless innovation, uncompromised quality and continued technology-driven increase of ocean sustainability. We are profoundly grateful for Artá Capital’s continued support over the last five years, which contributed to the company’s further professionalization, international expansion and build-up strategy. We have grown the company profitably and, more importantly, increased client satisfaction,” Faustino Velasco, Satlink Founder and Chairman.
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