- Satellite Evolution Group
Providence and Apax enter into exclusivity for the sale of a majority shareholding in Marlink
Providence Equity Partners, a premier private equity firm that specialises in the media, communications, education, software and services industries, and Apax Partners SAS, a leading European private equity firm based in Paris, today announced that they have entered into exclusive discussions for the sale of a majority shareholding in Marlink.
Headquartered in Paris and Oslo, Marlink is a world leading satellite service operator offering high quality, integrated smart network connectivity and digital services to a wide range of maritime, enterprise, government and NGO customers in remote locations.
Any transaction would be subject to customary and regulatory approvals, including the completion of necessary consultations with the Company’s works council.