Maxar Technologies Provides Update on Status of Regulatory Approvals of Proposed Acquisition by Advent International
Summary
WESTMINSTER, Colo.--(BUSINESS WIRE)--Maxar Technologies (NYSE:MAXR) (TSX:MAXR) (“Maxar” or the “Company”), provider of comprehensive space solutions and secure, precise, geospatial intelligence, today announced that it has received the majority of the regulatory consents required for the Company’s previously announced transaction to be acquired by Advent International (“Advent”), one of the largest and most experienced global private equity investors. Our unique approach combines decades of deep mission understanding and a proven commercial and defense foundation to deploy solutions and deliver insights with unrivaled speed, scale and cost effectiveness. Founded in 1984 and based in Boston, MA, Advent International is one of the largest and most experienced global private equity investors. The firm focuses on investments in five core sectors, including business and financial services; health care; industrial; retail, consumer and leisure; and technology. For over 35 years, Advent has been dedicated to international investing and remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.
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