Riverside's ITC Global Connecting with NewSat Communications
March 18, 2013
ITC Global, a Riverside Partners portfolio company, has agreed to acquire NewSat Communications. NewSat is a satellite communications company based in Switzerland and provides services to the Europe, Middle East and Africa energy markets. Headquartered in St. Petersburg, FL, ITC provides satellite communication services to mining, energy and maritime businesses and has focused on the Gulf of Mexico and Australian markets.