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Oakley Capital buys Videotel from KVH

  • Region:

    United States of America

  • Sector:

  • Deal Size:

    $90 million

  • Buy Side Company:

    Oakley Capital
  • Sell Side Company:

    KVH
  • Target Company:

    Videotel Marine International Ltd.

KVH Industries, Inc. has sold the Videotel group of companies to an affiliate of Oakley Capital, PE Hub reported. The price of the acquisition was $90 million. Videotel is KVH's maritime training business. The Videotel group of companies includes Super Dragon Ltd., Videotel Marine International Ltd., Videotel Training Services Ltd., Videotel Consultants and Rentals Ltd., Videotel Marine Asia Ltd., and Videotel Pte Ltd.

Tags:

PE Deals,Private Equity Deals, Private Equity