DLA Piper said it represented New York-based private equity firm Argentum in its investment in UFA Inc., a provider of air traffic control simulation and training software.
No financial details were provided for the investment, the fourth by Argentum’s latest fund--Argentum Capital Partners IV -- which recently held its initial closing, according to a statement.
Burlington, Mass.-based UFA said its clients include air navigation service providers, militaries, universities, and major commercial integrators. It will use the investment to speed product development and technology, including a voice recognition system, image generation software and cloud-based simulation platforms, and to expand customer service. ...
Learn more about Bloomberg Law or Log In to keep reading:
See Breaking News in Context
Bloomberg Law provides trusted coverage of current events enhanced with legal analysis.
Already a subscriber?
Log in to keep reading or access research tools and resources.