Providence Equity Partners LLC’s Acquisition of a Majority Stake in Marlink

Paul Hastings and Elvinger Hoss Prussen advised Providence Equity Partners LLC on the deal. The management of Marlink was advised by the firm Jeausserand Audouard and Apax Partners was advised by the firm Weil, Gotshal & Manges LLP.

Providence Equity Partners LLC, a global investment organization with approximately $45 billion in aggregate capital commitments under management, announced its investment in Marlink, a provider of satellite communication solutions, based on an enterprise value of Marlink Group of approximately $1.4 billion.

Marlink is the trusted partner in fully managed smart network solutions, combining various connectivity technologies in an intelligent hybrid network and completing the offering with digital solutions. The company connects people and assets around the globe and across all markets where conventional connectivity cannot reach or is not available with a focus on B2B customers in the maritime and enterprise verticals. Marlink orchestrates and optimizes all network elements and applications, from data handling and IT to application-based routing (SD Wan), cloud and Digital Solutions, including remote data and IT, cyber security as well as IoT/OT solutions. Marlink has a presence in over 130 countries and employs over 1,000 people.

The Paul Hastings cross-border team was led by Paris partners Arthur de Baudry d’Asson (Picture) and Alexis Terray, and included associates Nicolas Lovas, Moussa Mbodji, Amaury Steinlin and Mathilde Carré on corporate matters, as well as partner Camille Paulhac and associate Juliette Hua on regulatory and anti-trust matters. The team also included Washington based partners Sherrese Smith and Scott Flicker, together with associates John Gasparini and Quinn Dang; Frankfurt based partner Dr. Regina Engelstaedter as well as China based partner Jialing Xiong.

The Jeausserand Audouard team included Erwan Bordet, Faustine Paoluzzo (Corporate)
Tristan Adouard, Marie Frelot (Tax).

The Elvinger Hoss Prussen team was led by partner Anna Hermelinski-Ayache, working in collaboration with associates Mateusz Glowacki, Charlène Mehn, Maxime Mesquida and Océane Bostelle.

Involved fees earner: Océane Bostelle – Elvinger Hoss Prussen; Mateusz Glowacki – Elvinger Hoss Prussen; Anna Hermelinski-Ayache – Elvinger Hoss Prussen; Charlène Mehn – Elvinger Hoss Prussen; Maxime Mesquida – Elvinger Hoss Prussen; Tristan Audouard – Jeausserand Audouard; Erwan Bordet – Jeausserand Audouard; Marie Frelot – Jeausserand Audouard; Faustine Paoluzzo – Jeausserand Audouard; Quinn Dang – Paul Hastings LLP; Arthur De Baudry D’Asson – Paul Hastings LLP; Regina Engelstädter – Paul Hastings LLP; Scott Flicker – Paul Hastings LLP; John Gasparini – Paul Hastings LLP; Juliette Hua – Paul Hastings LLP; Nicolas Lovas – Paul Hastings LLP; Moussa Mbodji – Paul Hastings LLP; Camille Paulhac – Paul Hastings LLP; Sherrese Smith – Paul Hastings LLP; Alexis Terray – Paul Hastings LLP;

Law Firms: Elvinger Hoss Prussen; Jeausserand Audouard; Paul Hastings LLP;

Clients: Marlink AS; Providence Equity;

Naoual Sadouqi

Author: Naoual Sadouqi