Industry
Digital Infrastructure
Target Company
Globalstar
Buyer/Investor
Thermo Companies & COFACE
Target Description
Globalstar offers reliable satellite and terrestrial connectivity services as an international telecom infrastructure provider. Their LEO satellite constellation assures secure data transmission for connecting and protecting assets and transmitting key operational data for consumers, businesses, and government agencies in over 120 countries. Globalstar offers next-generation IoT hardware and software products for efficiently tracking and monitoring assets; developing AI-enabled applications that process smart data at the edge; and managing analytics with cloud-based telematics solutions to drive safety, productivity, and profitability.
Transaction completed by a BGL banker while at a former firm.