Maxar Technologies — a provider of comprehensive space solutions and secure, precise, geospatial intelligence — has entered into a definitive merger agreement to be acquired by Advent International in an all-cash transaction at an enterprise value of about $6.4 billion.
Advent is a private equity firm headquartered in Boston that has a track record as a responsible owner of defense and security businesses. After the close of the transaction, Maxar will remain a U.S.-controlled and operated company.
As a private company, Maxar will be able to accelerate investments in next-generation satellite technologies and data insights that are vital to the company’s government and commercial customers, as well as pursue select, strategic M&A to further enhance the company’s portfolio of solutions. This includes supporting the successful delivery of the new Legion satellite constellation, accelerating the launch of Legion 7 and 8 satellites and further growing the Earth
