Bergen’s substantial point of difference is its willingness to think outside of the box and see opportunities where an investor with more conventional thinking may overlook an asset’s potential.
This creativity is coupled with Bergen’s management’s experience in idea generation, and efficiently and effectively assessing, structuring, executing and managing investments in its ideas in both the U.S. and foreign markets.
Another key component of Bergen’s strategy is its philosophy of win-win – Bergen believes only those investments that deliver value to both Bergen and the existing shareholders in the prospective portfolio company will be successful in the long run.
Bergen invested in DroneShield, LLC, a private developer of counterdrone technologies based in Virginia, USA, in late 2015. In June 2016, DroneShield went public on the ASX (as DroneShield Ltd (ASX:DRO)) at an approximately US$20 million market capitalization, raising about US$5.5 mil in an oversubscribed ASX IPO.*
DroneShield is now sufficiently capitalized, and its profile globally has increased substantially because of its publicly-traded status, resulting in substantial corporate, sales and operational progress.
*A complete list of past investments made by Bergen is available upon request.