Carlyle leads financing for the acquisition of Comrod by Bridgepoint

Oslo, Norway, January 20, 2026 - Global investment firm Carlyle (NASDAQ: CG) today announced that its Global Credit platform has led a financing package to support the acquisition of Comrod, a leading European supplier of mission-critical defense communications and power systems, by Bridgepoint.

Founded in 1946 and headquartered in Norway, Comrod is a global supplier of advanced communications and power technology for defense, utility, and industrial applications. The company's antennas, masts, amplifiers, and power systems are used across a range of NATO programs and military platforms. Comrod operates six production facilities globally, anchored by a well-invested manufacturing hub in Norway and supported by sites in France, Sweden, Hungary, and the United States.

The financing package will support Bridgepoint's acquisition of the business, underpinning Comrod's transition from a component supplier to a fully integrated tactical-communications subsystem provider. The transaction will also provide Comrod with flexible capital to continue to drive margin improvements through operational efficiency initiatives, pursue complementary bolt-on acquisitions, and scale internationally.

Comrod's product portfolio is embedded in a range of long-term international military programs, with antennas, masts, and power systems that are critical to NATO's land-based communications infrastructure. Against a backdrop of increasing European defense budgets, Comrod is well positioned to capitalize on this sustained investment cycle and deepen its role across key tactical-communications platforms.

Taj Sidhu, Head of European and Asian Private Credit at Carlyle, said: "Comrod is a key supplier of communications and power systems with deep integration across long-duration defense programs. As European defense investment accelerates, we see a compelling opportunity to support businesses that are central to the region's security and infrastructure agenda. With more than three decades of experience investing across the global defense sector, Carlyle is well-positioned to help scale these mission-critical suppliers."

Ole Gunnar Fjelde, CEO of Comrod, said: "This is a pivotal moment for Comrod as we scale into new markets and expand our capabilities across both defense and utility segments. Under Bridgepoint's ownership and with Carlyle's support, we are excited to continue to invest in innovation, grow our manufacturing footprint, and deepen relationships across our loyal customer base."

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About Carlyle

Carlyle (NASDAQ: CG) is a global investment firm with deep industry expertise that deploys private capital across its business and operates through three segments: Global Private Equity, Global Credit, and Carlyle AlpInvest. With $474 billion of assets under management as of September 30, 2025, Carlyle's purpose is to invest wisely and create value on behalf of its investors, portfolio companies, and the communities in which we live and invest. Carlyle employs more than 2,400 people in 27 offices across four continents. Further information is available at carlyle.com. Follow Carlyle on LinkedIn at The Carlyle Group and on X at @OneCarlyle.

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