We’re very proud to share that Sagemount portfolio company, Buyers Edge Platform, today announced a $425 million investment led by General Atlantic, alongside Blackstone and Morgan Stanley. As part of the transaction, Sagemount, Buyers Edge Platform’s first institutional investor, will exit our stake in the business. John Davie, Founder and CEO of Buyers Edge Platform, said, “We want to thank the team at Bregal Sagemount for helping to enable our significant expansion over the last five years. Together, we have grown our revenue and profits by ~300% since Bregal Sagemount’s initial investment in 2019. We pursued a highly value-accretive M&A strategy by integrating 21 acquisitions, while driving strong organic growth.” We wish John and his team the best of luck in their next stage of growth! Read more here: https://lnkd.in/eRT2vZQQ
Way to go, Bregal Sagemount! Congratulations to John Davie and the Buyers Edge team.
Congrats to all parties!
Congrats!
Chief Executive Officer at Transflo
6moCongrats to John, the buyers edge team and Sagemount.