Bregal Sagemount has announced the closing of its third fund with $1.5 billion in committed capital.
Bregal Sagemount Fund III exceeded its $1.35 billion target.
Based in New York, Bregal Sagemount is a growth-focused private equity firm. Founded in 2012, the firm seeks to invest $40 million to $150 million per transaction into control and non-control positions and will consider equity and/or junior debt investments.
Bregal Sagemount targets healthcare software, healthcare IT services and several other sectors.