Two maritime satcoms companies, Apax-backed Marlink and OmniAccess, join forces to create the leading maritime VSAT company.
Marlink has signed a definite agreement to acquire a majority stake in OmniAccess. The existing management team of OmniAccess will remain unchanged and con[ds_preview]tinue to keep a significant shareholding in the company.
The new combined group is said to become the worldwide leader in maritime VSAT services, generating close to 500 mill. $ revenues, employing about 1.000 people and operating a global infrastructure, supporting an install base of more than 4.000 VSAT vessels.
Established in 2002 and headquartered on the island of Mallorca, OmniAccess is a leading global provider of broadband connectivity services and solutions to the high-end superyacht and boutique cruise line customers. OmniAccess offers a complete portfolio of IT and broadband connectivity services and solutions to over 300 of the world’s largest superyachts in addition to ocean and river-cruise vessels.
With a staff of over 70, OmniAccess operates a global proprietary VSAT network with more than 24 satellite-beams in both C- and Ku-band, uplinked from six Teleport locations in Spain, Germany, Hawaii, Australia and the USA. OmniAccess provides nextGen BroadBeam VSAT solutions for Internet connectivity at sea with speeds of up to 300 mbps, augmented by the nextGen iO 4G & WiMax terrestrial connectivity services. The portfolio is further enhanced by the suite of Plexus integrated maritime IT networks and IPTV solutions.
The transaction remains subject to customary regulatory approval and Closing is expected in the first half of 2018.