Bridgepoint Development Capital to acquire a majority stake in Ports Group from Priveq.

Bridgepoint Development Capital, a specialist in smaller cap businesses investments, agreed to acquire a majority stake in Ports Group, a provider of IP management and brand protection, from Priveq, a private equity company. Financial terms were not disclosed. “We are excited to have Bridgepoint on board as our new majority shareholder. We are confident that they will be a strong partner for Ports Group as we embark on our ambitious growth and development journey going forward. In a short period of time, Ports Group has established a European footprint, offering strong capabilities to serve clients on an international stage. We are pleased to have attracted Bridgepoint, who believes in our unique model, our strategic direction and our team,” Magdalena Bonde, Ports Group CEO.