SubCom, LLC
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SubCom, LLC - overview
Established
1955
Location
Eatontown, NJ, US
Primary Industry
Telecoms
About
SubCom, LLC is a US-based company specializing in the design and deployment of subsea fiber optic cable systems essential for modern global communications, ensuring reliable high-capacity data transmission across continents. SubCom, LLC focuses on subsea communication solutions, emphasizing advanced cable systems. It was formed from the acquisition of TE Connectivity Subsea Communications by Cerberus Capital Management in 2018, following its rebranding from TE Connectivity. The company is headquartered in Eatontown, US and operates globally.
SubCom specializes in designing, manufacturing, and deploying subsea fiber optic cable systems crucial for global communications infrastructure. Its offerings include high-quality subsea cable solutions for telecommunications, internet service providers, and enterprises in sectors like oil and gas and scientific research. Notable projects include the 19,200 km SEA-ME-WE 6 cable connecting Southeast Asia to Western Europe and the India-Asia-Xpress system for enhanced connectivity between India and Singapore and the Middle East. SubCom's products are utilized in strategic markets across Asia, Europe, North America, and the Middle East, facilitating essential data transport solutions.
SubCom generates revenue through its subsea cable systems services, which encompass system design, manufacturing, installation, and maintenance. The company engages in B2B transactions with telecommunications firms requiring robust data transmission infrastructure, typically involving long-term contracts for deploying and maintaining cable systems tailored to client needs. SubCom's flagship products, including its next-generation subsea cable systems, represent substantial investment opportunities for clients enhancing their network capabilities. SubCom's strategy for future growth includes the introduction of new subsea cable systems designed to meet increasing global connectivity demands.
Following the acquisition deal, which closed in November 2018, and the recent funding of USD 325 mn, the company plans to expand its market presence, particularly targeting regions in Asia and Europe by late 2023. The funding will support the development and deployment of next-generation technologies to enhance their service offerings.
Current Investors
Cerberus Capital Management
Primary Industry
Telecoms
Sub Industries
Public Relations & Communications, Telecoms Providers & Services, Telecoms Equipment
Website
www.subcom.com
Company Stage
Mature - Buyout
Total Amount Raised
Subscriber access only
SubCom, LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Buyout | Completed | SubCom, LLC | - |
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