#Norway #Tactical Communications #Stavanger #Bridgepoint #COMROD

COMROD Partners with Bridgepoint for Strategic Growth

Stavanger, Norway, December 2, 2025 – COMROD, a premier Norwegian manufacturer of tactical communication and power solutions, has unveiled a significant strategic partnership with Bridgepoint. This collaboration is expected to accelerate COMROD's international expansion and enhance its position in the defense industry.

As a leading mid-market investment firm, Bridgepoint, through its Bridgepoint Development Capital V fund, will acquire a controlling stake in COMROD. This critical investment marks a new chapter for COMROD, aligning with its mission to be a top provider of tactical communications systems and specialist electricity utility solutions.

Partnership Details and Objectives

The goal of the partnership is to support the ongoing growth and innovation efforts at COMROD. A few focal areas identified under this new ownership include:

• - International Expansion: Accelerating growth and increasing COMROD’s footprint on a global scale.
• - Investment in Research and Development (R&D): Supporting substantial investment in R&D capabilities to foster innovation and improve product offerings.
• - Operational Excellence: Fortifying operational excellence across the organization through enhanced automation and streamlined processes.
• - Strategic Mergers and Acquisitions: Executing a targeted buy-and-build strategy, particularly in promising areas such as unmanned systems and electronic warfare.

COMROD's extensive product range includes mission-critical communication systems, such as antennas, masts, amplifiers, and power supplies, vital for secure and resilient military operations. Additionally, they offer specialized infrastructure solutions, which include composite utility poles and power distribution monitoring systems.

Management Insights

Ole-Gunnar Fjelde, CEO of COMROD, expressed his enthusiasm about the partnership, stating, "We are thrilled to join forces with the Bridgepoint team. This investment is a pivotal milestone in our ambition to reinforce our place among the top providers of tactical communication systems and utility solutions. We have found a partner who shares our values and is committed to supporting our next growth phase."

Johan Dahlfors, Partner and Co-Head of Nordics at Bridgepoint, emphasized the potential of COMROD. "COMROD is a chance to back a global leader in a rapidly advancing sector of defense communications. Their engineering expertise, reliable customer relationships, and proven delivery history position them well for future growth. We are eager to assist their journey in scaling internationally and driving further innovation."

Transaction Details

The transaction is projected to conclude in 2026, pending customary regulatory approvals. While specific financial details have not been disclosed, the partnership is anticipated to have a significant impact on COMROD’s trajectory.

About COMROD

Founded in 1948, and headquartered in Stavanger, Norway, COMROD specializes in crafting antennas, control systems, masts, amplifiers, and power supplies for both defense and commercial applications. Its mission-critical products are essential for enabling secure tactical communications on the battlefield. Moreover, COMROD plays a vital role in ensuring reliable infrastructure within Europe’s electricity utility sector, delivering reliable solutions for critical operations. For further inquiries, visit www.comrod.com or contact Will Convery at +1 (216) 403-4838.

In conclusion, the strategic partnership between COMROD and Bridgepoint signifies a forward-thinking approach that aims to leverage unique market opportunities while ensuring continued innovation in an ever-evolving sector.