April Mergers & Acquisitions
April 2 – Voyager Space Holdings, Inc., which is building a vertically integrated space exploration business, announced
that it completed its acquisition of The Launch Company, LLC, a developer of standardized hardware and automation solutions to support launch operations.
April 8 – GI Partners L.P. announced that it entered into an agreement with ORBCOMM Inc. to acquire the publicly traded IOT services provider for $1.1b in cash including net debt. At closing, ORBCOMM Inc. shareholders will receive $11.50 in cash per share of common stock – a premium of roughly 52% on the company’s share price, and the company will be delisted from the Nasdaq Stock Market.