Announced
Completed
Synopsis
Trive Capital, a Dallas-based private equity firm, completed the acquisition of Hypergiant Industries, an AI defense platform and solutions company. Financial terms were not disclosed. "Hypergiant's unique geospatial data visualization capability have positioned the Company at the leading edge of C5ISR technologies that address mission-critical defense priorities. In an increasingly complex battlespace, Hypergiant is capable of rapidly delivering actionable insights to the warfighter. We are thrilled to partner with Mike and the Hypergiant team to support the Company in its next chapter of growth, and to formalize a longer-term partnership with our current portfolio company, Forward Slope," David Stinnett, Trive Capital partner.
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