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Speedcast buys Globecomm for USD 135 mln

Tuesday 28 August 2018 | 09:12 CET | News
Communications and network service provider Speedcast International has agreed to buy connectivity provider Globecomm from affiliates of HPS Investment Partners and Tennenbaum Capital Partners, plus some members of Globecomm, for an estimated USD 135 million. The takeover comes barely a year after Globecomm was acquired by the investors. The buy is expected to close in the fourth quarter, subject to regulatory approvals. 

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Categories: Broadcast & Satellite
Companies: Globecomm / SpeedCast
Countries: World
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