Bregal Milestone, a provider of late-stage growth capital to fast-growing and profitable European technology companies, has held the final close of its second fund, Bregal Milestone Fund II, with €770 million in capital commitments.
Bregal Milestone, a provider of late-stage growth capital to fast-growing and profitable European technology companies, has held the final close of its second fund, Bregal Milestone Fund II (Fund II), with €770 million in capital commitments.
Fund II, which represents a 56% increase from its predecessor fund, secured new commitments from a diverse group of investors including asset managers, family offices, fund of funds, and pension plans, and brings Milestone’s assets under management to €1.3 billion.
Classified as Article 8 under the EU’s Sustainable Finance Disclosure Regulation and supported by a dedicated ESG team that helps to develop and implement concrete ESG improvement initiatives across Milestone’s portfolio, Fund II is already c40% deployed and has a pipeline of further actionable investment opportunities.
The five platform investments completed by Fund II to date are: Redstor, a category-leading SaaS provider of data management and protection solutions for small and medium-sized businesses; InfoCert, a leading European provider of digital trust solutions; Productsup, a leading product-to-consumer commerce data integration SaaS platform; Odilo, a leading global B2B digital education learning experience and content platform; and Cube, a leading global provider of regulatory intelligence software.
Houlihan Lokey served as exclusive global placement agent, and Goodwin Procter served as legal counsel.
