Calian Group Ltd. has made a definitive purchase agreement with Crown Capital Partners Inc. to acquire Galaxy Broadband Communications, a Canadian leader in satellite communications and remote connectivity solutions.
Under the terms of the agreement, Calian will acquire the company for $24 million in upfront consideration, with an additional earnout consideration of $27.5 million conditional on performance over the next three years. The transaction is expected to close in Calian’s fourth quarter, subject to customary closing conditions, applicable regulatory approvals, and the approval of Crown’s debenture holders. There can be no assurance that the transaction will be completed on the terms described, or at all.
Headquartered in Mississauga, Ontario, Galaxy Broadband delivers secure and resilient communications and connectivity solutions to government, defence, critical infrastructure, and remote community customers across Canada. For over three decades, the company has been a recognized leader in low Earth orbit (LEO) satellite deployment, private wireless, and multi-orbit connectivity solutions, supporting organizations operating in some of Canada’s most remote and challenging environments, including Northern Canada.
“Galaxy Broadband is a highly strategic addition to Calian’s communications and connectivity portfolio,” said Patrick Houston, Chief Executive Officer, Calian. “Galaxy has built a strong reputation delivering reliable connectivity solutions to government, defence, critical infrastructure and remote community customers across Canada. Its satellite communications and multi-orbit expertise complement Calian’s existing capabilities and expand our ability to support customers operating in complex and remote environments. Upon closing, we look forward to welcoming the Galaxy team to Calian and building on their strong customer relationships.”
Reliable communications infrastructure plays an increasingly important role in supporting defence operations, public safety, critical infrastructure, and economic development across Canada, particularly in remote and northern regions where connectivity is essential. As a mission-critical solutions company focused on defence, space, healthcare, and other strategic critical infrastructure sectors, Calian aims to leverage this acquisition to strengthen its regional service delivery.
The transaction is expected to enhance Calian’s ability to deliver integrated communications and connectivity solutions by combining Galaxy’s connectivity expertise with Calian’s existing capabilities across communications infrastructure, cybersecurity, defence technologies, and remote service delivery. Galaxy Broadband brings established relationships with key federal and territorial government organizations, critical infrastructure operators, and businesses operating throughout Northern and remote Canada.
“From our first day in business, Galaxy has been committed to serving customers in some of Canada’s most remote regions with reliable, resilient communications,” said Rick Hodgkinson, Founder and Chief Executive Officer of Galaxy Broadband. “In Calian, we have found a partner that shares our values, our commitment to people and our dedication to customer success. The alignment between our teams, our culture and our mission-critical focus is strong. Together, we will be well positioned to continue supporting customers and communities that depend on secure and reliable communications every day.”
The addition of Galaxy Broadband is ultimately expected to further strengthen the capacity to support resilient communities, digital infrastructure, and essential services across Northern and remote regions.
