You can now read 5 articles in a month for free on Read as much as you want anywhere and anytime for just 99¢.

Firm acquired by TA Associates completes buyout of Dutch satellite communications firm

TA Associates, a private equity firm with offices in Boston, said that Hong Kong-based SpeedCast Ltd., has completed a buyout of Elektrikom Satellite Services, a Dutch company that provides maritime satellite communications services.

TA is the majority shareholder of SpeedCast, a provider of global network and satellite communications services.

Continue reading below

“The combination of Elektrikom and SpeedCast’s maritime business unit will form one of the top maritime satellite communications service providers in the world,” SpeedCast said in a press release.

This acquisition follows SpeedCast’s acquisition of Australian Satellite Communications, a satellite communications service provider in Australia.

TA has been active in Asia. Its September 2012 buyout of SpeedCast was the firm’s eighth investment in Asia.

Chris Reidy can be reached at
Loading comments...
Want each day's news headlines delivered fresh to your
inbox every morning? Just connect with us
in one of the following ways:
Please enter a valid email will never post anything without asking.
Privacy Policy
Subscriber Log In

You have reached the limit of 5 free articles in a month

Stay informed with unlimited access to Boston’s trusted news source.

  • High-quality journalism from the region’s largest newsroom
  • Convenient access across all of your devices
  • Today’s Headlines daily newsletter
  • Subscriber-only access to exclusive offers, events, contests, eBooks, and more
  • Less than 25¢ a week
Marketing image of
Marketing image of