Frequently Asked Questions
Q. Why did Andrew Corporation decide to sell the Satellite Communications Group?
A. The Satellite Communications Group was a small non-core legacy business that no longer fit the strategy of a corporation whose focus had become based on wireless infrastructure and cable products for the cellular industry. In order for the Satellite Communications group to get the focus and attention it deserved as a leader in its industry, it was decided that the group should be sold to a company with resources to support and grow the business in their specialized communications markets.
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Q. Who is Resilience Capital Partners and why were they interested in purchasing the Satellite Communications Group?
A. Resilience Capital Partners is a private equity firm focused on principal investing in middle market underperforming and turnaround situations. They primarily invest in basic industry businesses such as aerospace components, automotive,
metal production, packaging and specialty chemicals to mention just a few, and companies whose annual revenues range between $25 million to $250 million. Resilience specializes in purchasing non-core divisions or subsidiaries
of companies that would benefit from being decoupled from their parent to provide business autonomy and improve capitalization. It is with this focus in mind that the Satellite Communications group was of specific interest to Resilience Capital Partners.
