Bregal Unternehmerkapital closes oversubscribed Fund IV at €2.65 billion

Zug, Switzerland, 28 May 2024 - Bregal Unternehmerkapital (“BU”), one of the most active and largest investors in the DACH region with a strong presence in Italy, today announced the closing of its fourth fund, Bregal Unternehmerkapital IV (“Fund IV”) with total capital commitments of €2.65 billion. Fund IV was significantly oversubscribed and successfully closed at its hard cap.

As with BU’s prior funds, Fund IV received strong investor support, attracting existing as well as over 30 new investors, amongst them many families and founders.

Fund IV will continue BU’s proven investment strategy of unlocking “hidden champions” in its target regions and partnering with founder and family-led middle-market companies. Fund IV will make equity investments between €75 and €300 million to support regional and global mid-sized companies in resilient sub-sector pockets within software, industrial technology, business services, and healthcare to help unlock their full potential.

The closing of Fund IV continues BU’s successful growth journey over the past decade. Since 2015, the 50-person investment team has worked closely with BU’s portfolio companies to drive significant and sustainable growth, achieving an EBITDA lift of over 20% p.a. and creating more than 7,700 new jobs for a total of over 27,000 employees across the portfolio today. During this period, the funds advised by BU have invested more than €3.0 billion in over 100 companies in the middle market. Many of the entrepreneurs from BU’s investments also committed to Fund IV.

Goodwin Procter served as legal counsel. Campbell Lutyens advised on the fundraising.

About Bregal Unternehmerkapital

Bregal Unternehmerkapital (“BU”) is a leading investment firm with offices in Zug, Munich, and Milan. With €7.0bn in capital raised to date, BU is the largest mid-cap investor headquartered in the DACH region. The funds advised by BU invest in mid-sized companies based in Germany, Switzerland, Italy, and Austria. With the mission to be the partner of choice for entrepreneurs and family-owned busi­nesses, BU seeks to partner with market leaders and “hidden champions” with strong management teams and outbreak potential. Since its founding in 2015, the funds advised by BU have invested in over 100 companies with more than 27,000 employees. Thereby, more than 7,700 jobs have been created. BU supports entrepreneurs and families as a strategic partner to develop, internationalize, and digitize their businesses, while helping them generate sustainable value on a responsible basis with the next generation in mind. For more information, please visit https://www.bregal.ch/ or follow us on LinkedIn.