IRT Technologies has been acquired by ETL Systems
February 2025 — IRT Technologies has been successfully acquired by ETL Systems, unlocking exciting opportunities for innovation and growth. This acquisition strengthens ETL’s satellite communications portfolio and expands its global presence, while allowing IRT Technologies to leverage ETL’s industry expertise and reach.
IRT Technologies, established in 2011, is a Canadian company specializing in the satellite communications (SATCOM) industry. Known for its innovative approach to satellite radio frequency (RF) systems and products, IRT Technologies designs, develops and manufactures advanced solutions, including niche frequency converters and solid-state power amplifiers (SSPA). Its products enable real-time voice, data and multimedia delivery anywhere in the world. What sets IRT Technologies apart is the intelligence embedded in its products, allowing for the monitoring and detailed analysis of operating parameters. Serving both the commercial and defense sectors, its satellite solutions are shaping next-generation communications equipment through breakthrough technology, state-of-the-art engineering design and product innovation. Committed to customer satisfaction, IRT Technologies provides exceptional customer service, together with remote support for installations and detailed diagnostics. Its new product development in high-demand troposcatter products has significantly contributed to the company’s growth.
ETL Systems, a portfolio company of CBPE Capital, designs and manufactures RF equipment for critical satellite communications, trusted by the top 20 satellite operators and teleports. The company’s comprehensive solutions, spanning from antennas to modems for uplink and downlink chains, position ETL as an industry leader. ETL also offers a range of instrumentation and measurement equipment for RF chain setup and testing.
Our role in the transaction
Oaklins’ team in Canada was retained by the shareholders of IRT Technologies to facilitate the sale of their business to a strategic partner. The team acted as the exclusive sell-side financial advisor on this transaction. Oaklins Janes Capital in Irvine, USA, and Oaklins S&W, one of Oaklins’ member firms in the UK, supported the transaction in its early stages.
Amir Motiuk
CEO, IRT Technologies
Talk to the deal team
Stephen Perry
Oaklins Janes Capital
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