[Via Satellite 10-15-13] Broadband Satellite Services Limited (BSS) has announced it has completed the acquisition of AND Group and the Satcom Global group of companies. Focused on the satellite communication and telecommunication markets, BSS acquired the two businesses as part of its growth strategy, to expand into all of the key vertical markets within the mobile satellite services sector. The merged group has a geographical footprint covering all of the core markets and revenues of over $100 million.

“Combining the network assets of AND Group and Satcom Global fits perfectly within our strategic framework of strengthening our end-to-end solutions capabilities in key areas, and providing the best possible customer experience,” said Ian Robinson, Chief Executive Officer for the group.

The transactions were supported by Faunus Group International and FW Capital, and provide the group with a flexible working capital facility of $12 million at closing.