Apax's Marlink bolts on Livewire

The deal comes a year and a half after Apax acquired Marlink, then Airbus Group's commercial satellite communications business, for a reported value of around €450m. It also comes just one month after the company bolted on Majorca-based OmniAccess.

Following the deal, the consolidated group will have revenues of around $500m and a headcount of around 1,000.

The transaction is scheduled to complete in the coming weeks.

Company
Founded in 2004 and headquartered in Chessington, Surrey, Livewire provides satellite communications including broadcasting and internet connectivity for remote and maritime environments. The business has a particular focus on superyacht customers, and also provides IT and networking systems.

People
Marlink Group – Erik Ceuppens (CEO).
Livewire Connections – David Walker (co-owner).

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