U.S. private equity firm Advent International and minority investor British Columbia Investment Management Corporation have completed their acquisition of space solutions and geospatial intelligence provider Maxar Technologies. The merger, valued at approximately $6.4 billion, was first announced on December 16, 2022. Under the deal, Advent would acquire all outstanding shares of Maxar common stock for $53 per share in cash leading to Maxar’s common stock having ceased trading and being removed from the New York Stock Exchange listing. Additionally, the company’s common stock will be de-listed from the Toronto Stock Exchange, and an application will be submitted for it to cease as a reporting issuer in relevant Canadian jurisdictions. J.P. Morgan Securities LLC acted as the financial adviser to Maxar, with Wachtell, Lipton, Rosen & Katz serving as lead counsel. Milbank LLP provided legal advisory services regarding specific space industry and regulatory matters. Advent was advised by Goldman Sachs & Co. LLC and Morgan Stanley & Co. LLC, while Weil, Gotshal & Manges LLP acted as lead counsel. Covington & Burling LLP served as Advent’s legal adviser for certain regulatory matters. BCI was represented by Skadden, Arps, Slate, Meagher & Flom LLP as lead counsel, with Freshfields Bruckhaus Deringer LLP providing legal advisory services concerning specific regulatory matters, Maxar said.