The Private Equity team advised Bregal Sagemount in the closing of its inaugural small-cap fund at the upper fundraising limit of $500 million. The capital came predominantly from investors in prior funds, plus a handful of new backers and a significant general partner commitment. Bregal Sagemount plans to fill a gap at the smaller end of the investment spectrum. The new vehicle will make investments of $20 million to $75 million in high-growth businesses. The firm aims to back founder-owned companies with high growth rates and recurring revenue, whose businesses aren’t correlated with broader markets.
Bregal Sagemount, a growth focused private equity firm, was founded in 2012 to invest on behalf of Bregal Investments, which manages money for the Brenninkmeijer family, whose holdings include financial services, fashion, and real estate. The firm provides flexible capital and strategic assistance to market-leading companies in those high-growth sectors across a wide variety of transaction situations.
The Goodwin team was led by Eric Goldstein and Ed Hall.