Paris / Oslo / London, 21 December 2017: Marlink, backed by Apax Partners, has closed the acquisition of Livewire Connections, a UK headquartered satellite communications service provider with focus on superyacht customers. The closing was completed less than two weeks after the acquisition was announced and signed.
Livewire Connections will become part of the Marlink Group, joining the worldwide leader in maritime communications and maritime VSAT services, generating close to $500 million revenues, employing approx. 1000 experts globally and serving an installed base of around 5000 VSAT vessels under contract. Established as an innovator and today the most trusted service provider in all key maritime markets, including shipping, offshore, cruise / ferry and fishing, Marlink’s recent round of acquisitions will complement and extend further its leading position to the superyacht market segment.
Marlink also recently announced their definitive agreement to acquire a majority stake in the Spanish superyacht service provider OmniAccess. Both companies have been strategically chosen for their leading position, unique capabilities and quality focus to provide unrivalled services and value for customers in the highly demanding superyacht segment.
For further information, please contact:
Knut Natvig, Marlink
T: +47 48 030 911