Growth-focused private equity firm Bregal Sagemount announced the successful closing of its inaugural small-cap fund, Bregal Sagemount Basecamp I at $500 million. This fund closed at its target and hard cap, inclusive of strong support from existing limited partners, several new institutional investors, and a significant GP commitment.
The closing of Basecamp marks a milestone for Sagemount, emphasizing the firm’s ongoing commitment to provide capital solutions to growth businesses identified through its thematic sector-driven origination efforts, regardless of potential investment size.
The Basecamp strategy continues the investment strategy Sagemount pursued since being founded in 2012, offering flexible and solution-oriented capital to durable growth businesses with high recurring revenues, operating in end-markets with uncorrelated secular growth characteristics. This new fund will target equity investments between $20 and $75 million in market-leading middle-market growth companies.
Goodwin served as legal advisor to Bregal Sagemount.
KEY QUOTES:
“Being afforded the opportunity to raise this Fund efficiently is humbling and reflective of the loyal investor base we have been fortunate to retain since inception. We want to extend our thanks to many of our existing investors who enabled us to raise the Fund discreetly in current market conditions. This Fund will allow us to continue to serve bootstrapped founders looking for flexible, value-added capital.”
– Gene Yoon, Founder and Managing Partner of Bregal Sagemount
“Basecamp enables Sagemount to continue investing in profitable, founder-led companies across investment sizes, where we will leverage the broad origination capabilities and value creation resources across the Sagemount platform to support the growth and aspirations of our future portfolio companies. Our seasoned team is committed to upholding the same disciplined underwriting framework refined since Sagemount’s launch in 2012. With our compounding sector and operational experience, we are dedicated to partnering with our portfolio companies to ensure their success in today’s dynamic and competitive business environment.”
– Zuhair Khan and Jordan Walton, Co-Heads of Basecamp
