Porsche SE and Bridgepoint acquire Econolite Group

Porsche SE and Bridgepoint jointly acquire Econolite Group, a provider of traffic management hardware and software solutions based in Anaheim, California. The acquisition will combine Econolite with PTV to create a mobility solutions holding.

“Porsche Automobil Holding SE (Porsche SE), Stuttgart, and Bridgepoint Advisers Limited (Bridgepoint), London, UK, jointly acquire Econolite Group (Econolite), Anaheim, California, USA.”porsche-se.com

• 1 source
• porsche-se.comPorsche SE: Porsche SE and Bridgepoint acquire Econolite GroupMar 14, 2022

Summarized from public sources; check the original articles before acting on it.