PSSI Global Services, a privately owned US company founded in 1979, provides connectivity and distribution services. Employing approximately 90 people, the company reported revenues of around $10 million in 2023. Its services encompass the coordination, production, and distribution of domestic and international programming, utilizing various transmission methods including C-band, Ku-band, fiber, IP, and bonded cellular technologies to deliver live video, audio, and data globally.
On October 20, 2023, Caddo Lake Capital acted as the exclusive financial advisor for a majority investment in PSSI Global Services by Don Daseke and Derek Blount. PSSI Global Services announced a connectivity partnership with Cingularity, bringing high-capacity fiber pathways to the Pittsburgh International Teleport (PIT), enhancing its ability to transmit live video for major events. This partnership was further detailed in a separate announcement, highlighting the diverse high-capacity fiber pathways and PIT's role as an international gateway for large sports and entertainment events. Additionally, PSSI Global Services made a significant investment in Appear video transmission technology, purchasing transmission hardware including X20 chassis, HDR HEVC encoder and decoder cards, and SRT cards, expanding its IP and HEVC infrastructure to strengthen live broadcast capabilities, in part for the FIFA Club World Cup.
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PSSI Global Services offers 3 products in the media tech industry. PSSI Global Services's product portfolio comprises of connectivity infrastructure, connectivity and distribution services and media managed services.
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PSSI Global Services's revenues were less than $25M in 2023. Caretta Research has split PSSI Global Services's revenue into 3 different product categories, the largest of which is live production and OB services. For full access to PSSI Global Services's revenue breakdown subscribe to Caretta Portal.
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