Firm: DLA Piper (SpeedCast International Limited)
Deal: SpeedCast International Limited (SpeedCast) has been advised on the financing arrangements for its acquisition of WINS Limited.
Key players: The DLA Piper team advising SpeedCast was led by finance and projects partner Alex Regan (pictured), with assistance from senior associate Barbara Carroll and lawyer Rebecca Dang.
Deal significance: Headquartered in Hong Kong, SpeedCast is a global satellite communications and network service provider, offering managed maritime network services in over 90 countries.
Europe-based WINS Limited is a provider of innovative broadband satellite communications and IT solutions for the maritime sector. The group provides services to over 100 passenger-carrying vessels and more than 2,000 merchant shipping vessels.
"This acquisition is a significant milestone for SpeedCast and we're delighted to have advised our client on this important part of their growth strategy in the key European market," said Alex Regan, finance and projects partner, DLA Piper.