Euroconsult Takes Majority Stake in SATConsult
Euroconsult today announced that it has taken a majority stake in Southern Aerospace & Telecom Consulting (SATConsult), an independent consulting company based in Toulouse focused on supporting the development of satellite infrastructure worldwide. Under the terms of the agreement, Euroconsult and SATConsult will continue to operate as separate companies and will work in concert on a project-by-project basis. Together, their teams cover the full spectrum of customers’ requirements in the satellite industry including market, financial, technical, operational and legal assessments.
Established in 1983, Euroconsult provides first-class strategic consulting, develops comprehensive research and organizes executive-level annual summits and training programs for the satellite industry. SATConsult is a consulting firm which provides engineering services and legal expertise to satellite operators to support procurement and construction monitoring of both space and ground segments in telecom and remote sensing domains. Together the two companies boast an international roster of nearly 80 experts from a host of countries that can be called upon for projects across the entire spectrum of the satellite value chain and expertise domains.
“We are excited about the possibilities this acquisition brings to the market,” said Pacome Revillon, CEO of Euroconsult. “When we began this process, we realized that both Euroconsult and SATConsult share the same philosophy of business and both have the same highly regarded reputation within the industry, yet in complementary domains. This partnership allows the two companies to offer a combined end-to-end service with the level of experience and professionalism that industry stakeholders have come to expect from us both. We look forward to a long, fruitful partnership and bid welcome to SATConsult.”
“We are thrilled about this partnership with Euroconsult and look forward to our shared expertise further enhancing our customers’ experience,” said Mustapha Elriz, CEO of SATConsult. “Both our companies have a history excellence and a solid reputation within the field. Leveraging the partnership will enable us to bring additional expertise to our existing customers while granting us the opportunity to jointly reach and service new customers. We look forward to working with Euroconsult in the years to come.”
The complementary nature of the two independent companies combined with the seasoned staff of experts will bring a high level of competence to future projects across the satellite value chain.
Please contact us for further details or to meet us at Euroconsult’s upcoming World Satellite Business Week in September in Paris.
About Euroconsult
Euroconsult is the leading global consulting firm specializing in space markets. As a privately-owned, fully independent firm, we provide first-class strategic consulting, develop comprehensive research and organize executive-level annual summits for the industry. With 30 years of experience, Euroconsult is trusted by 600 clients in over 50 countries. Euroconsult is headquartered in France, with offices in the U.S., Canada and Japan. www.euroconsult-ec.com : 86 Boulevard de Sebastopol, 75003 Paris | +33 1 49 23 75 30
About Southern Aerospace & Telecom Consulting (SATConsult)
Southern Aerospace & Telecom Consulting (SATConsult) is a multi-disciplinary consulting firm that supports its customers in the implementation of sustainable satellite-based telecommunications and remote sensing infrastructure worldwide. Formed in 2006, it brings together a complete range of skills along with years of experience working with some of the most prominent commercial and governmental players across the satellite value chain. www.satconsult.eu : 7 allées Paul Feuga, 31400 Toulouse | +33 5 34 31 75 81
PRESS CONTACT
Andrew Smith
+1 (514) 903-1001
smith@euroconsult-na.com
