– Bregal Milestone, a European software private equity firm, announced the final close of its third fund, Bregal Milestone III (Fund III), at its increased hard cap of €915 million.
– The fund was oversubscribed, reflecting strong investor demand and a broader global investor base.
– The fund reflects strong conviction in Bregal Milestone’s strategy of investing in mission-critical European software, AI, and cybersecurity companies and supporting their growth.
– Value creation will be accelerated through the firm’s data and AI capabilities, including Bregal Milestone Amplify, which embeds AI expertise into portfolio companies.
– Fund III has already completed its first two platform investments and has developed a strong proprietary pipeline across its target markets.
– Bregal Milestone was founded by Jan Bruennler, Philippe Lautenberg, and Cyrus S., who remain focused on executing the firm’s software, AI, and cybersecurity investment strategy.
– Alexander Odysseos, Head of Capital Formation at Bregal Milestone, added: “We are grateful for the confidence shown by both existing and new investors.”