HPS Investment, Tennenbaum to buy Globecomm

An investor group led by HPS Investment Partners LLC and Tennenbaum Capital Partners LLC have agreed to buy Globecomm Systems Inc. Financial terms weren’t announced. Globecomm, of Hauppauge, New York, is a satellite communications company. Wasserstein & Co acquired Globecomm in 2013 for $340 million.

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