Global leaders in satellite communication sign strategic deal to enable growth
Deal Flash
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 to leverage ETL’s industry expertise and reach.
IRT Technologies, established in 2011, is a Canadian company specializing in satellite communications (SATCOM). 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. Its products enable real-time voice, data and multimedia delivery anywhere in the world, and the intelligence embedded in the products allows for the monitoring and detailed analysis of operating parameters. Serving both the commercial and defense sectors, its solutions are shaping next-generation communications equipment through breakthrough technology, state-of-the-art engineering design and product innovation, such as the development of in-demand troposcatter systems. Committed to customer satisfaction, IRT Technologies provides remote support for installations and detailed diagnostics.
I want to sincerely thank the Oaklins team for your dedication, expertise and hard work in making this transaction possible. This achievement is a testament to the countless hours, strategic guidance and unwavering commitment you have all contributed throughout this process — your professionalism and diligence have been invaluable, and I am deeply grateful for your support. It has been a privilege working with such an exceptional team.AMIR MOTIUK, CEO, IRT TECHNOLOGIES, CANADA
Oaklins' global reach helped find the right partner
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 for 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.
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