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Bridgepoint signs deal for majority stake in Danish defense company UMag

PE Hub · 1h ago
Bridgepoint signs deal for majority stake in Danish defense company UMag

Founder-led company was spun out of the Technical University of Denmark in 2018 and is based in Birkerød, with founders remaining significant shareholders and continuing to lead the business Deal will fund international expansion, R&D and commercialization of next-generation products as European defense spending and military modernization accelerate Investment builds on Bridgepoint’s earlier defense technology […] The post Bridgepoint signs deal for majority stake in Danish defense company UMag appeared first on PE Hub .

Read the full story at PE Hub →