# Maxar Technologies sells MDA to Northern Private Capital for CAD$1 billion

Maxar Technologies has entered into a definitive agreement to sell its MDA business to a consortium led by Northern Private Capital for CAD$1 billion (US$765 million). The transaction includes MDA's Canadian businesses with approximately 1,900 employees.

- Type: Acquisition
- Announced: 2019-12-30
- Where: Canada
- Value: $765.0M (1.00B CAD)
- Status: announced
- Products: ground stations, radar satellite products, robotics, defense systems, satellite components
- Sectors: [Semiconductors and Industrial Electronics](https://endata.com/sectors/semiconductors-electronics.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [MDA](https://endata.com/companies/18051.md) (target)
- [Maxar Technologies](https://endata.com/companies/18849.md) (partner)
- [Northern Private Capital](https://endata.com/companies/44225.md) (acquirer)

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20191230005078/en), 2019-12-30: "The sale of MDA furthers execution on the company's near-term priority of reducing debt and leverage."
- [globenewswire.com](https://www.globenewswire.com/news-release/2019/12/30/1964868/0/en/consortium-led-by-northern-private-capital-signs-definitive-agreement-to-acquire-mda-canada-s-leading-space-technology-company.html), 2019-12-30: "We are thrilled to partner with Mike Greenley and the rest of the MDA team and are excited about the significant growth potential we see for the company."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.