Apax Partners has completed the acquisition of Telemar Group. Through its ownership of both Marlink and Telemar, Apax Partners will create a new Maritime Group dedicated to providing the maritime industry with an integrated offering of broadband communications, digital solutions, bridge electronics and on-board maintenance, the company said in its press release.
The acquisition follows the August 2016 announcement of Apax Partners’ intention to purchase 100% of the shares in Telemar Group, and subsequent completion of all regulatory approvals. The new Apax Partners Maritime Group will be led by Erik Ceuppens as CEO of both Marlink and Telemar. Bruno Musella, Telemar CEO, will take up the position of Telemar Chairman in the new configuration.
Telemar and Marlink will become the world’s leading maritime communications, digital solutions and servicing specialist for all customer segments at sea including: Shipping, Offshore, Cruise & Ferry, Yachting and Fishing. The newly combined group will generate US $450 Million in revenues with more than 800 employees worldwide serving at least 1 in 3 vessels operating globally.
Apax Partners’ new Maritime Group will deliver maritime customers with unrivaled service and support through an enhanced global footprint and worldwide sales and service locations. A global 24/7 helpdesk, specialized competence centers, local presence on all continents and a network of 1000 service points staffed by highly qualified, certified service engineers, will support the global maritime industry to operate smarter and safer.
Earlier this year, Apax Partners completed the acquisition of Marlink, transforming it into a provider of tailored communications solutions that enable both maritime and enterprise customers to digitalize their operations at sea and on land. The expertise of Marlink and Telemar, combined with its strong satellite network operators' and bridge electronics manufacturers' partnerships, enables the new group to bring the power of broadband communications, maritime bridge technology and service excellence to its customers globally to further optimize vessel operations and enable the digital vessel of tomorrow.
About Marlink
Marlink is the pioneer of business critical communication solutions for customers operating in remote environments. With 600 employees and 27 offices worldwide, the company is the largest technology-independent satellite communication and digital solutions provider serving the maritime and enterprise markets. Marlink’s multi-band communication services covering Ku, Ka, C and L-band extended with mobile and terrestrial links, enable over 200,000 customers to operate in an ever smarter, safer and more profitable way.
About Telemar
The Telemar Group has been operating in the in the telecommunications and navigations systems industry for about 70 years. Telemar is directly present through 30 workshops and 13 group companies in 12 main markets worldwide. Telemar is a leading group in its markets: Maritime Ship Owners - Managers, Yachting & Mega Yachting, as well as Enterprise customers. The Telemar integrated model covers globally: design, purchase, commissioning, maintenance and repairs of communication and navigation equipment, satellite communications and digital solutions. Telemar is worldwide leader of nav & com maintenance contracts, serving about 3,000 ships and manages 10,000+ services on-board worldwide per year for marine electronics and solutions. Telemar is enabling Maritime companies’ remote operations for the digital future, through innovative applications and solutions that improve efficiency and safety of vessels’ operations and enhance the productivity and well-being of crews. Telemar is also one of the world’s major independent providers of Inmarsat and other satellite multi-band networks.