Wednesday, February 1, 2006

CapRock Completes $200 Million for Global Satellite Communications

CapRock Communications, a global satellite communications provider to extreme and remote locations, completed a $200 million recapitalization through a majority share sale to Boston private equity firm ABRY Partners.

"CapRock has enjoyed a strong 25 year history, but the last four years have seen dramatic double digit compound annual growth fueled by globalization and vertical market expansion," CapRock CEO Peter Shaper, said.

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