Exclusive financial advisor to UHP Networks

KPMG Corporate Finance acted as exclusive financial adviser to UHP Networks in its sale to Comtech Telecommunications

A global team of KPMG Corporate Finance professionals from KPMG Corporate Finance LLC in the U.S. and KPMG Deal Advisory in Russia (collectively “KPMG”) are pleased to announce the sale of UHP Networks Inc. (UHP Networks or the Company) to Comtech Telecommunications Corp. (Comtech).

UHP Networks is a leading global provider of advanced satellite networking solutions used in the rapidly growing very small aperture terminal (VSAT) market. The Company’s revolutionary award-winning software-defined satellite communications technology is implemented across its VSAT hubs, terminals, and network management systems. With customers including telecom operators, broadcasters, remote location broadband providers, enterprises, and government agencies, UHP Networks’ technology and products are used in over 300 networks in more than 50 countries.

Fred Kornberg, chairman of the Board and CEO of Comtech, said, “The acquisition of UHP fits perfectly with our strategy of offering the most robust and advanced wireless communications solutions for our global customers. We are delighted to acquire UHP and expect use of its incredible technology to expand globally for many years to come.”

Comtech, a global leader in the advanced secure wireless communications market, designs, produces and markets secure wireless solutions to more than 1,000 customers in more than 100 countries.

KPMG Corporate Finance LLC

The global Corporate Finance practice of KPMG International’s network of independent member firms was ranked #1 as the top M&A mid-market adviser globally by Refinitiv, based on number of completed transactions, for the past 20 years.

Trust KPMG Corporate Finance LLC with your next transaction

Joseph Radecki

Joseph Radecki

Managing Director, KPMG Corporate Finance LLC

+1 312-665-4401


 
 
Corporate finance services, including Financing, Debt Advisory, and Valuation Services, are not performed by all KPMG member firms and are not offered by member firms in certain jurisdictions due to legal or regulatory constraints. The information contained herein is of a general nature and is not intended to address the circumstances of any particular individual or entity. Although we endeavor to provide accurate and timely information, there can be no guarantee that such information is accurate as of the date it is received or that it will continue to be accurate in the future. No one should act upon such information without appropriate professional advice after a thorough examination of the particular situation. 
 
The information contained in this communication may not be representative of the experience of other clients and does not constitute a recommendation, offer, or solicitation to buy, sell or hold any security of any issuer. Past performance does not guarantee future results.
 
©2021 KPMG Corporate Finance LLC, a Delaware limited liability company. Member FINRA/SIPC. KPMG Corporate Finance LLC is a subsidiary of KPMG LLP, a Delaware limited liability partnership and a member firm of the KPMG global organization of independent member firms affiliated with KPMG International Limited, a private English company limited by guarantee. All rights reserved. The KPMG name and logo are registered trademarks or trademarks of KPMG International.