Northern Private Capital

A consortium led by Northern Private Capital has completed the acquisition of MDA, Canada's largest space technology developer, from Maxar Technologies for CDN $1 billion. The deal returns MDA to Canadian control as a private company.

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.