18 December 2024 – Viasat announced that it has completed the divestiture of its Energy Services System Integration (SI) business to US-based private investment firm MAG Capital Partners. No further transaction details were announced. SI, which was included in Viasat’s acquisition of RigNet in 2021, provides engineering design, procurement services, shop assembly, factory acceptance testing, and “day 2” support for telecom systems installed on critical infrastructure projects. Approximately 80 employees currently engaged in the SI business will transfer to the new company, Nessco. The agreement includes the sale of the company’s SI facility in Aberdeen, Scotland. No locations are expected to close as a result of the sale. Imperial Capital, LLC served as exclusive financial advisor to Viasat in connection with the sale of the SI business. Read more