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Notification of a concentration concerning the acquisition by PEP VIII International Ltd, of the share capital of Makto S.a r.l. through P8 Holding 1 S.a.r.l.
29/09/2021


The Service of the Commission for the Protection of Competition announces that it has received a notification of concentration by regarding the acquisition by PEP VIII International Ltd of the share capital of Makto S.a r.l., through P8 Holding 1 S.a.r.l..

P8 Holding 1 S.à r.l. (hereinafter referred to as 'TopCo') is a limited liability company duly registered in accordance with the laws of Luxembourg. TopCo is a special purpose vehicle, with no activities, wholly controlled by PEP VIII International Ltd. In this Transaction TopCo will act as the buyer of the share capital of Makto S.à r.l..

PEP VIII International Ltd is the general partner of Fund VIII of Providence Equity Partners, LLC (hereinafter referred to as "Providence"), a company duly registered under the laws of Delaware, USA. Providence is a private equity investment company specializing in investing in media, communications, education, software and information services and investment management across North America, Europe and emerging markets.

Makto S.à r.l. is a limited liability company duly registered in accordance with the laws of Luxembourg. Makto S.à r.l. is the parent company of the Marlink Group, a global provider of satellite communication services in remote areas (sea, or in remote land areas) (Makto S.à r.l., together with its direct and indirect subsidiaries, hereinafter referred to as "Marlink"). Marlink designs, creates and manages business critical end-to-end network solutions for customers operating in remote areas. It provides global coverage through an intelligent hybrid network that combines satellite communications, terrestrial technologies and digital solutions. using partnerships with major satellite network operators and provides its communication solutions directly to the customer through a network of partner service providers. Marlink provides its services mainly to customers in the fields of shipping, cruises, energy, mining and humanitarian aid.







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