.
MergerLinks Header Logo

New Deal


Announced

Thomson Broadcast to acquire GatesAir from The Gores Group.

Financials

Edit Data
Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

Edit

Private

broadcasting company

Majority

Cross Border

United States

Single Bidder

Friendly

Radio and TV Broadcasters

Private Equity

Pending

Acquisition

Synopsis

Edit

Thomson Broadcast, a French electronics manufacturer, agreed to acquire GatesAir, a global company in wireless, over-the-air content delivery solutions for radio and TV, from The Gores Group, a Los Angeles-based investment firm. Financial terms were not disclosed. “We are delighted to have reached this point. From the start we were excited to work with the GatesAir team and saw the obvious fit of the two companies. The transaction closing can’t come fast enough for us. We’re very proud to participate in the rallying of two century-old companies and excited to start working together,” Amine Oubid, Thomson Broadcast CEO.

© COPYRIGHT 2024 MERGERLINKS LIMITED.

ALL RIGHTS RESERVED.

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

CONTACT US