---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-228403"
form_type: "8-K"
ticker: "GOGO"
cik: "0001537054"
company_name: "Gogo Inc."
filed_at: "2024-09-30T23:59:59+00:00"
generated_at: "2026-05-31T00:43:59.480005+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

# Gogo acquires Satcom Direct for $375M cash plus stock; total consideration up to $600M

## Summary
- $375M cash + 5M Gogo shares at closing; earnout up to $225M tied to broadband customer thresholds.
- Expected to close end 2024, subject to regulatory approvals (HSR, FCC) and customary conditions.
- Satcom Direct 2024E revenue ~$485M, EBITDA margin ~17%; combined pro forma revenue ~$890M, margin ~24%.
- Annual run-rate cost synergies $25–30M within two years post-close; immediately accretive to EPS and FCF.
- Financed with $275M new debt and cash; net leverage ~4x post-close, targeting 2.5–3.5x within 2 years.

## SEC filing metadata
- accession: 0001193125-24-228403
- form_type: 8-K
- ticker: GOGO
- cik: 0001537054
- company_name: Gogo Inc.
- filed_at: 2024-09-30T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 3.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1537054/000119312524228403/0001193125-24-228403-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1537054/000119312524228403/d61564d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-228403
- JSON: https://secwatch.observer/filing/0001193125-24-228403.json
- Plain text: https://secwatch.observer/filing/0001193125-24-228403.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.