Bridgepoint completed the investment in PTV Group.

Bridgepoint, the quoted private assets growth investor, completed the investment in PTV Group, a global software company for traffic simulation and planning as well as provider of optimisation solutions for transport logistics, from Porsche Automobil, a corporation with investments in the automotive industry. Financial terms were not disclosed. "Since I joined PTV almost two years ago, we have made considerable progress with the transformation of PTV into a software company with state-of-the-art cloud and SaaS competencies, generating a positive response from our customers. I am convinced that PTV will take a leading role in solving the challenges in the fields of mobility and logistics," Christian U. Haas, PTV Group CEO.