|
Calian
completes acquisition of Galaxy
Broadband
August 24, 2026
Calian Group Ltd.
has completed the acquisition of Galaxy
Broadband Communications, a Canadian
leader in satellite communications and
remote connectivity solutions. This
follows the August 11, 2026, approval of
required amendments to Crown Capital
Partners Inc.’s secured subordinated
debentures.
On June 26, 2026,
Calian announced a definitive agreement
to acquire Galaxy Broadband
Communications from Crown Capital
Partners Inc. The acquisition was
completed on the terms previously
announced, including upfront
consideration of approximately $24
million, and an additional earnout
consideration of $27.5 million, subject
to customary closing conditions.
“We are pleased to
officially welcome the employees of
Galaxy Broadband to the Calian team,”
said Patrick Houston, Chief Executive
Officer, Calian. “This acquisition
strengthens the depth and scale of our
communications capabilities and expands
our ability to deliver reliable
connectivity in challenging and remote
operating environments, including across
Canada’s Arctic and Northern regions. As
we bring our teams, expertise and
solutions together we see significant
opportunities to support our customers,
strengthen Canada’s critical
infrastructure and contribute to
country’s growing priorities in the
North.”
For more than 30
years, Galaxy Broadband has delivered
secure and resilient satellite
communications and remote connectivity
solutions to government, defence,
critical infrastructure and remote
community customers. Headquartered in
Mississauga, Ontario, the company is
recognized for its expertise low Earth
orbit (LEO) satellite deployment,
private wireless and multi-orbit
connectivity solutions, supporting
organizations operating in some of
Canada's most remote and challenging
environments, including Northern Canada.
The acquisition
also builds on Calian’s growing presence
in Northern Canada and strengthens its
ability to support secure connectivity,
resilient critical infrastructure and
mission-critical operations across the
region. Combined with Calian’s
capabilities across defence, space,
health, energy and other critical
infrastructure sectors, Galaxy brings
additional expertise and relationships
that position Calian to support
customers and evolving national
priorities related to Arctic
sovereignty, defence readiness and
Northern infrastructure.
|