Private equity firm Acorn Growth Companies buys Black Sage C-UAS manufacturer

Acorn Growth Companies, a private equity firm investing exclusively in aerospace, defence and intelligence, has announced the acquisition of counter-UAS systems supplier Black Sage Technologies of Boise, Idaho (USA).

“The acquisition of Black Sage strengthens our already robust defense portfolio of businesses focused on protecting the interests of the United States and its allies,” said Rick Nagel, managing partner of Acorn Growth Companies. “Black Sage is truly ahead of its competition in this highly fragmented space, already delivering integrated identification and defeat services across the globe. We see significant growth potential for this market segment.”

Black Sage’s UASX-branded C-UAS systems have been deployed in support of fixed-site security, critical infrastructure protection, and commercial event airspace monitoring. Black Sage’s customers include U.S. Government Agencies, the Department of Defense, U.S. aerospace and defence prime contractors and allied military and government customers in Europe, Middle East, and Asia.

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