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New Deal


Announced

Completed

Highlander Partners completed the acquisition of Black Sage Technologies from Acorn Growth Companies.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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defense technology

Private

Majority

Domestic

Private Equity

Single Bidder

Friendly

Aerospace

United States

Acquisition

Completed

Synopsis

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Highlander Partners, a private investment firm, completed the acquisition of Black Sage Technologies, a developer of defense technology systems, from Acorn Growth Companies, a middle-market private equity firm. Financial terms were not disclosed. "The Black Sage executive team is excited to join forces with Highlander and High Point to continue our growth trajectory in the C-UAS, critical infrastructure, and security markets. The need for effective multi-mission C-UAS solutions is increasingly evident and we believe that Highlander will bring the necessary government and military relationships, industry experience, and long-term financial approach to accelerate our objectives in driving the business forward," Al White, Black Sage CEO.

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