Website www.sagemount.com Founded 2012 Total assets 1.7 billion USD | Number of employees 10 Type Privately held company | |
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Founders Gene Yoon, Daniel Kim, Phil Yates, Adam Fuller, Michael Kosty | ||
Bregal Sagemount is a private equity firm based in New York City.
Contents
History
Bregal Sagemount was founded in 2012 by former employees of Goldman Sachs and Great Hill Partners. Gene Yoon, the Managing Partner at Bregal Sagemount, was previously the head of Private Capital Investing at Goldman Sachs in New York.
The firm's first fund, Bregal Sagemount I, L.P., was a $650 million investment vehicle. A majority of the capital for this fund comes from Bregal Investments, the investment arm of Cofra Group, a Zug, Switzerland-based holding company formed by the Brenninkmeijer family following the founding of the first C&A store in Europe.
Bregal Sagemount announced Bregal Sagemount II, L.P., the firm's second fund, with $960 million of committed capital on February 7, 2017.
Investments
Bregal Sagemount invests in middle-market companies across a number of sectors, including software, business and consumer services, digital infrastructure, healthcare services and technology, financial technology, and specialty finance. The firm typically invests between $25 million and $150 million in growth-oriented companies with greater than $15 million in revenue.
As stated on the firm's website, Bregal Sagemount provides capital for situations including: funding organic growth, facilitating mergers and acquisitions, providing shareholder liquidity, and buyouts. The firm invests in both control and non-control (minority) transactions.