# 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.

- Type: Acquisition
- Announced: 2022-03-14
- Where: Anaheim, California, United States
- Status: announced
- Products: traffic management hardware and software
- Sectors: [Automation and Robotics](https://endata.com/sectors/automation-robotics.md)

## Companies

- [Bridgepoint Advisers Group](https://endata.com/companies/23797.md) (acquirer)
- [Porsche Automobil Holding SE](https://endata.com/companies/61590.md) (acquirer)
- [Econolite Group](https://endata.com/companies/61591.md) (target)
- [PTV Planung Transport Verkehr GmbH](https://endata.com/companies/61592.md) (partner)

## Sources

- [porsche-se.com](https://www.porsche-se.com/en/media/press-releases/detail/porsche-se-und-bridgepoint-erwerben-econolite-group), 2022-03-14: "Porsche Automobil Holding SE (Porsche SE), Stuttgart, and Bridgepoint Advisers Limited (Bridgepoint), London, UK, jointly acquire Econolite Group (Econolite), Anaheim, California, USA."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.