Status: Clearance

Acquirer: Marlink Group (Norway); Apax Partners SAS (France)

Acquired: ITC Global (U.S.)

Value: Undisclosed

Industry Tags: Telecommunications; Satcom

On January 13, 2021, maritime connectivity and IT solutions provider “Marlink Group, backed by Apax Partners SAS (France), [] signed a definitive agreement to acquire 100% of ITC Global, the leading provider of satellite communications solutions, from Panasonic.” (Marlink Press Release, Marlink Group enters into a definitive agreement to acquire ITC Global, Jan. 13, 2021.) “Both the Federal Communications Commission (FCC) and the Committee on Foreign Investment in the United States (CFIUS) have given their approval to the deal.” (Marlink Press Release, Marlink Gets OK to Acquire ITC Global from Panasonic, Apr. 12, 2021.)

Please contact us with any questions.