ORBCOMM, Inc. Acquired by GI Partners
Mergers & Acquisitions
ORBCOMM
(NASDAQ: ORBC), an industrial provider of Internet of Things (IoT), was
acquired by GI Partners, a middle market private equity firm, for $1.1 billion.
Morrow Sodali acted as the proxy
solicitor for the target in this transaction.
Find more information here: https://www.sec.gov/Archives/edgar/data/1361983/000119312521110206/d116423dex991.htm