Wassertein & Co. has closed a $340 million deal for Globecomm Systems Inc. 

Hauppauge, N.Y.-based Globecomm provides satellite communications and other services. The deal was originally announced in August. 

The purchase price works out to $14.15 per share. Before the deal closed Globecomm was listed on the Nasdaq exchange under ticker symbol GCOM.

Wasserstein, headquartered in New York, is a private equity firm that focuses on investing in media, consumer products and water equipment businesses. 


Subscribe Now

Complete access to real-time information and analysis of news and trends in the industry.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.