708 Quince Orchard Road, Suite 120, Gaithersburg, MD 20878
51 - 100
Cable, Satellite, and Radio Telecommunications
UltiSat, Inc. provides satellite communication solutions. It delivers communication solutions ranging from light handheld satellite phones and portable mobile services to highly customized managed network services for mission-critical applications. Its services include fixed satellite, end-to-end managed networks, monitoring and supervisory control and data acquisition networks, mobile satellite, systems integration, and professional services. The company was founded by David J. Megel, Mohammed G. Abutaleb and Jim C. Crichton in 2003 and is headquartered in Gaitherburg, MD.
LLR Partners provides capital to middle-market growth companies with proven business models across a broad range of industries including business services, healthcare services, financial services, information technology and software and education. The firm takes minority or control positions and leads transactions ranging from expansion and growth capital to shareholder recapitalizations and buyouts.LLR Partners seeks to invest $10 million to $100 million of equity per transaction. They look for companies with revenues of $10 million to $150 million. The firm invests in businesses throughout the US, but their primary geographical focus is the Mid-Atlantic and the Eastern regions of the US. The firm invests in companies with strong and durable market positions as demonstrated by: (1) talented and committed leadership teams with demonstrated performance (2) proven, scalable business models with revenue and earnings growth (3) sustainable competitive advantages (4) significant barriers to entry (5) product or service offerings with predictable demand and extended life cycles and (6) meaningful value propositions for customers.LLR Partners generally holds their investments 4 to 7 years. Their funds are raised with 10 to 12 year legal lives so the firm has the ability to hold investments for the long-term.LLR Partners has no preferred exit strategy. They have experience helping the companies in which they invest complete both IPOs and sales/mergers as paths to liquidity.