Acquiring Company
Calian Group
Acquired Company
Galaxy Broadband Communications
OttawaMississaugaInformation TechnologyHealth CareCyber SecurityHardwareSatellite CommunicationDescription
Calian Group Ltd. has entered into a definitive agreement to acquire Galaxy Broadband Communications for $24 million, with additional performance-based earnouts. This acquisition aims to enhance Calian's capabilities in communications and connectivity, particularly in remote regions of Canada. The transaction is expected to close in Calian’s fourth quarter, pending regulatory approvals.
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Based on deal dataFrequently asked
Who acquired Galaxy Broadband Communications?
Galaxy Broadband Communications was acquired by Calian Group, based in Ottawa. The deal was reported on June 25, 2026. Calian Group is a Canadian company that provides services in the fields of defence, space, and healthcare technology. It has a strong focus on mergers and acquisitions to fuel its growth. Calian Group is privately held and operates in Information Technology.
When did Calian Group acquire Galaxy Broadband Communications?
Calian Group's acquisition of Galaxy Broadband Communications was reported on June 25, 2026. Calian Group Ltd. has entered into a definitive agreement to acquire Galaxy Broadband Communications for $24 million, with additional performance-based earnouts. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Galaxy Broadband Communications do?
Galaxy Broadband Communications is a Canadian leader in satellite communications and remote connectivity solutions. It is privately held, operating in Hardware, and is based in Mississauga.