Leading growth-focused private equity firm Bregal Sagemount announced a strategic growth investment from its Basecamp fund, in Opex Technologies, a trusted advisor that helps businesses navigate and optimize complex technology procurement decisions. The terms of the transaction were not disclosed.
Launched in 2004 and headquartered in Raleigh, North Carolina, Opex enables enterprise and mid-market clients to make more effective decisions across critical IT infrastructure domains, such as data center and cloud, cybersecurity, networking, AI, CX, and voice solutions. And Opex’s client-centric approach and technical expertise have earned the trust of a blue-chip client base and fueled its continued growth.
Goodwin Procter served as legal counsel to Sagemount, and Wyrick Robbins Yates & Ponton LLP served as legal counsel to Opex.
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“Opex has built an exceptional reputation by helping clients navigate increasingly complex and rapidly evolving IT environments. Our long history of investing in technology solutions gives us an appreciation for the need for quality advice when making critical technology decisions and the win-win-win nature of Opex’s offering. We are excited to partner with Courtney and the Opex team to support their next phase of growth.”
Zuhair Khan, Co-Head of Basecamp
“We are thrilled to partner with Sagemount at this exciting time in Opex’s journey. Their track record of accelerating growth for founder-led businesses and their thoughtful approach to supporting entrepreneurs made them the ideal partner. Together, we will build on our commitment to delivering outstanding service to our clients.”
Courtney Humphrey, Founder and CEO of Opex
