Bregal Milestone raised €770 million for Fund II

Bregal Milestone announced the final closing of its second fund, Bregal Milestone Fund II, raising €770 million to partnering with founders and management teams of European technology champions.
VC funding for techFund II, which represents a 56 percent increase from its predecessor fund, secured new commitments from a diverse group of investors including asset managers, family offices, fund of funds, and pension plans, and brings Milestone’s assets under management to €1.3 billion.

Fund II is already c. 40 percent deployed and has an exciting, deep pipeline of further actionable investment opportunities. The five platform investments completed by Fund II to date include:

Redstor, a category-leading SaaS provider of data management and protection solutions for small and medium-sized businesses;

InfoCert, a leading European provider of digital trust solutions;

Productsup, a leading product-to-consumer commerce data integration SaaS platform;

Odilo, a leading global B2B digital education learning experience and content platform; and

Cube, a leading global provider of regulatory intelligence software.

Houlihan Lokey served as exclusive global placement agent, and Goodwin Procter served