Monthly Archives: December 2022

The Advent of Space

Advent International has led a $6.4 billion acquisition to take private Maxar, a space imagery and infrastructure company.As the industry gets into festive spirit in the lead up to Xmas, this looks like being a nice gift-wrapped present to fill the stocking in the house of Advent and other lead investor, British Columbia Investment Management Corporation. The deal is still pending agreement under a 60-day ‘go-shop period’. Still, it shows that private equity is setting its sights on the next frontier. As the industry prepares to take a well-earned rest, this deal could set other GPs dreaming of the stars…and maybe finding space in their own portfolios.

inspired by CNBC