DataPath, Inc.

Have updates for this profile? Please contribute data

= Subscriber Access Only

You are viewing a preview of this profile. Request a Preqin Pro demo for full access to all profiles and underlying data.

With Preqin Pro, you gain an unobstructed view of all alternative asset class activity across institutional investors, fund managers, funds, portfolio companies, deals, exits, and service providers.

DataPath, Inc. - overview

Location

Duluth, GA, US

Primary Industry

Telecoms

About

Based in the US, DataPath, Inc. provides advanced satellite communication (SATCOM) solutions, specializing in portable systems for challenging environments, serving diverse sectors including government and military organizations. DataPath, Inc. is known for delivering specialized SATCOM solutions, focusing on portable systems for challenging environments.


The company was founded by David McDonald and has its headquarters in Duluth, US. It has completed a total of 6 deals, reflecting its active engagement in the market. David McDonald, who has a history of successful entrepreneurial ventures, currently serves as the CEO, leading the company's strategic direction. DataPath, Inc.


specializes in advanced satellite communication (SATCOM) solutions designed for deployment in challenging environments. Its core products include portable and transportable SATCOM systems, such as the DKET 3421 satellite terminal, which allows for rapid deployment and operational flexibility. These systems cater to a wide range of clients, including government agencies, military organizations, and commercial enterprises, addressing critical communication needs in remote and disaster-stricken areas. The company also provides comprehensive technical services, including field support and integrated logistics support, ensuring optimal functionality throughout the product lifecycle.


DataPath operates primarily in North America, Europe, Asia, and the Middle East, focusing on sectors such as aerospace, infrastructure, and broadcast. DataPath, Inc. generates revenue through the sale of its SATCOM products and associated professional services. The financial structure involves direct sales to government and commercial clients, typically combining equipment purchases with integrated services like installation and ongoing technical support.


Its flagship product, the DKET 3421, is marketed with customized pricing plans tailored to specific client operational needs. Additionally, revenue from service contracts, including long-term maintenance agreements and integrated logistics support, significantly contributes to the firm's overall financial performance, supported by established client relationships and specialized offerings. DataPath, Inc. is actively working on the design and launch of upcoming products aimed at enhancing its SATCOM offerings in the next fiscal year.


The company has plans to expand its market presence into additional regions, specifically targeting Europe and the Middle East by the end of 2024. Recent funding will be utilized to support these initiatives, particularly focusing on product development and market penetration strategies. Notably, Petra Capital Partners and Hale Capital Partners recently exited their stake in DataPath, Inc. , although the financial terms of this transaction were not disclosed.


Current Investors

Gilat Satellite Networks Ltd., Petra Capital Partners, Hale Capital Partners

Primary Industry

Telecoms

Sub Industries

Telecoms Providers & Services, Telecoms Equipment

Website

www.datapath.com

Company Stage

Add-on

Total Amount Raised

Subscriber access only

DataPath, Inc. - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-onCompletedDataPath, Inc.-
Add-onCompletedMobileTek-
BuyoutCompletedDataPath, Inc.-
GrowthCompletedDataPath, Inc.-
Unspecified ExitCompletedDataPath, Inc.-

Displaying 1 - 5 of 7

Time to go Pro

Get Preqin Pro for unrestricted access to 600,000+ detailed profiles on fund managers, investors, funds, companies, and other alternative asset players. Unlock exclusive data on future plans, company financials, fundraising history, track records, and more.