Acorn Growth acquires Black Sage.

Acorn Growth Companies, a private equity firm investing exclusively in aerospace, defense, and intelligence, announced today the acquisition of Black Sage Technologies (Black Sage), the market leader in the development, integration, and deployment of counter-unmanned aircraft systems (C-UAS) solutions. Financial terms were not disclosed. “The acquisition of Black Sage strengthens our already robust defense portfolio of businesses focused on protecting the interests of the United States and its allies,” said Rick Nagel, managing partner of Acorn Growth Companies. “Black Sage is truly ahead of its competition in this highly fragmented space, already delivering integrated identification and defeat services across the globe. We see significant growth potential for this market segment.”