US private equity firm Advent International, alongside minority investor British Columbia Investment Management Corporation (BCI), has completed the acquisition of Maxar, provider of comprehensive space solutions and secure, precise, geospatial intelligence.
US private equity firm Advent International, alongside minority investor British Columbia Investment Management Corporation (BCI), has completed the acquisition of Maxar, provider of comprehensive space solutions and secure, precise, geospatial intelligence. Advent and Maxar announced December 16, 2022, that they had entered into a definitive merger agreement under which all outstanding shares of Maxar common stock would be acquired for $53 per share in cash, valuing Maxar at approximately $6.4 billion. With the closing of the transaction, Maxar will remain a US-controlled, owned, and operated company.
