✉news BusinessBusiness first seen 2 d ago, last 2 d ago, peak #26
EQT-backed SatPort completes acquisition of Speedcast teleport business
Original: EQT-backed SatPort Infrastructure completes acquisition of teleport business from Speedcast to expand its satellite ground infrastructure platform globally
SatPort Infrastructure, a platform backed by private equity firm EQT, has completed its acquisition of the teleport business from satellite communications company Speedcast. The deal expands SatPort's satellite ground infrastructure operations globally, adding Speedcast's teleport assets and capabilities to its platform and strengthening its position in the growing satellite ground segment market.
Why now: The completed deal marks a significant consolidation step in the satellite ground infrastructure sector backed by major private equity investment.
SatPort InfrastructureEQTSpeedcast
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