Hello, Guest!
  • Friday, May 10, 2024

Acorn Growth Finalizes Black Sage Sale to Highlander Partners

Acorn Growth Companies, a middle-market defense and aerospace investor, has finalized its sale of Black Sage Technologies to private equity firm Highlander Partners.

The transaction, which comes nearly four years after Acorn bought Black Sage, is part of the latter’s expansion strategy, Acorn Growth said Tuesday.

Oklahoma-headquartered Acorn Growth bought Black Sage in 2019 and helped the counter-drone technology maker to gain a footing in the defense market through capital investment and industry partnership initiatives.

Earlier this month, Highlander Partners said it made the acquisition to capture a bigger share of the market for counter-unmanned aerial vehicles.

Video of the Day

Related Articles

Greg Agnew to Head Acorn M&A Group, Washington DC Operations Executive Moves

Greg Agnew to Head Acorn M&A Group, Washington DC Operations

Greg Agnew, a partner at Acorn Growth Companies and a two-decade financial services industry veteran, has been appointed to lead the private equity firm’s mergers and acquisitions group. He will also succeed the retiring Robert Hinaman as head of Acorn’s Washington, D.C. office, the company said June 30. Agnew will oversee intermediary relationships, sourcing functions

Jim Bridenstine to Join Voyager as Advisory Board Chairman Executive Moves

Jim Bridenstine to Join Voyager as Advisory Board Chairman

Jim Bridenstine, who led NASA from April 2018 to January 2021 and is a recipient of the 2021 Wash100 Award, has been appointed chairman of Voyager Space Holdings’ advisory board. He will work with a group of aerospace and defense sector veterans to guide the Denver-based company on its mission to become known as a

Former NASA Chief Jim Bridenstine Named Acorn Growth Companies Senior Adviser Executive Moves

Former NASA Chief Jim Bridenstine Named Acorn Growth Companies Senior Adviser

Jim Bridenstine, former administrator of NASA and a previous Wash100 awardee, has joined Acorn Growth Companies, an Oklahoma City-based private equity firm focused on investing in defense, aerospace and intelligence companies, as a senior adviser. “Jim’s wealth of knowledge in the space, military, aerospace and engineering sectors will be invaluable to Acorn and its portfolio