On March 18, 2025, Blue Marble Communications, Inc. (“BMC” or the "Company") was acquired by T2S Solutions, LLC, a portfolio Company of Madison Dearborn Partners, LLC (“MDP”).
Kroll’s Aerospace Defense Government (ADG) Investment Banking Practice served as the exclusive financial advisor to Blue Marble Communications in connection with the transaction.
“Kroll's ADG Investment Banking Team was absolutely amazing throughout the entire transaction process. Faced with more than its share of highly unusual curveballs, the team’s tenacity and relentless efforts to resolve them, all while applying their stellar acumen, diplomacy and care to ensure that we were able to close the deal, resulted in an outcome wherein all parties felt it ended in a win. Choosing Kroll to represent BMC and orchestrate the process was by far the best decision I could’ve made!”
Neal Nicholson, President/CEO, Blue Marble Communications, Inc.
About Blue Marble Communications
Blue Marble Communications designs and manufactures space-qualified edge processors and communications components and subsystems operating over RF, microwave, millimeter wave and free-space optical spectrums. Their products incorporate advanced regenerative processing and high-speed data networking capabilities enabling hundreds of gigabits of data to be routed amongst multiple satellites as well as land, sea and airborne platforms. Blue Marble Communications is an employee-owned corporation headquartered in San Diego, CA.
About T2S Solutions
T2S Solutions is an innovative, agile, mission-focused product and solutions provider specializing in Rapid Prototyping and Experimentation, Systems Development, Integration, Test and Sustainment for the U.S. Department of Defense, Mission Partners and the U.S. Intelligence Community, Industry Partners, and other U.S. Government Agencies. Its domain expertise spans Space, High Altitude, Positioning, Navigation, and Timing (PNT), AI / ML, C5ISR, Chemical Biological Radiological Nuclear (CBRN) Detection, and Electronic Warfare (EW). T2S has 250 employees and is headquartered in Belcamp, MD, near Aberdeen Proving Ground, with a large integration facility in Huntsville, AL that serves as the Tactical Space Layer Integration Lab. Madison Dearborn Partners, LLC ("MDP") invested in T2S in 2023.
About Madison Dearborn Partners
Madison Dearborn Partners, LLC (“MDP”) is a leading private equity investment firm based in Chicago. Since MDP’s formation in 1992, the firm has raised aggregate capital of more than $31 billion and has completed over 160 platform investments. MDP invests across four dedicated industry verticals, including basic industries, financial services, health care, and technology & government.
