Bregal Unternehmerkapital closes oversubscribed Fund IV at €2.65bn

Private Equity Wire

Munich-based private equity firm Bregal Unternehmerkapital has held the closing of its fourth fund, Bregal Unternehmerkapital IV with total capital commitments of €2.65bn.

Fund IV, which was significantly oversubscribed and successfully closed at its hard cap, secured strong investor support from existing clients as well as over 30 new investors, according to a press statement.

Fund IV will make equity investments between €75m and €300m to support regional and global mid-sized companies across software, industrial technology, business services and healthcare.

Since 2015, BU’s 50-person investment team has worked closely with the firm’s portfolio companies to achieve an EBITDA lift of over 20% pa and create more than 7,700 new jobs for a total of over 27,000 employees across the portfolio today. Over the period, funds advised by BU have invested more than €3.0bn in over 100 companies in the middle market.

Goodwin Procter and Campbell Lutyens advised BU on the fund.

The full article is available here. This article was published at Private Equity Wire.