In a secondary buyout transaction, AZ Capital advised Ergon Capital, the mid-market private equity partner to families, entrepreneurs and management teams, in the acquisition of a majority in Satlink, the Spain-based manufacturer of portable satellite and high-speed communication equipment, the transmission of voice and data, and tracking systems. THe company was acquired from the Spain based private equity firm, Artá Capital SGECR, S.A.
Faustino Velasco, the founder of Satlink, will reinvest alongside Ergon Capital Partners.