Advent International take-private of Maxar Technologies
Advent took Maxar private in an all-cash deal, with BCI as minority investor. Maxar later split into Vantor and Lanteris.
- Company
- Maxar Technologies
- Type
- M&A
- Status
- Completed
- Date
- 3 May 2023
- Value
- US$6.4bn
- Value basis
- About US$6.4bn enterprise value: US$3.1bn Advent equity, US$1bn BCI equity and committed debt
- Region
- US
- Segment
- Earth observation and spacecraft
Parties
- Advent International buyer
- British Columbia Investment Management (BCI) co-investor
- Maxar shareholders seller
Key terms
- Advent equity
- US$3.1bn
- BCI equity
- US$1bn
- Announced
- 16 Dec 2022
Sources
- Maxar 8-K: Maxar to be acquired by Advent sec.gov · 16 Dec 2022
- Maxar 8-K: completion of the merger sec.gov · 3 May 2023
Record ORB-INV-2023-0005. Investments are kept apart from the financings register and never counted in debt totals.
