Maxar Technologies

active

Industrial / Space — Advent International

Deal Terms

Entry Year2023

Entry EV$6.4B

Entry Multiple11x

Leverage5x

Debt Amount$3.2B

Risk Metrics

LTV (est.)50%

Debt / EV0.50x

Notes

Advent took satellite/geospatial company private at $6.4B (2023). Maxar previously lost 80%+ of market cap. Near-bankruptcy in 2020 before recovery. Government/defense contracts provide revenue floor but capital-intensive space hardware business + debt = risky.

Sponsor

Advent International$90B AUM