Munich \u2013 The funds advi\u00adsed by BU Bregal Unter\u00adneh\u00admer\u00adka\u00adpi\u00adtal AG (\u201cBU\u201d) have successfully closed a multi-asset conti\u00adnua\u00adtion fund with a total volume of 811 million euros. The lead inves\u00adtors in the conti\u00adnua\u00adtion fund are LGT Capi\u00adtal Part\u00adners and Pantheon. The fund is desi\u00adgned to conti\u00adnue the part\u00adner\u00adship with Safety21 and Online\u00adprin\u00adters and to support both compa\u00adnies in their next phase of growth with long-term capi\u00adtal. This will enable further acqui\u00adsi\u00adti\u00adons while also giving both compa\u00adnies the time to further expand their posi\u00adti\u00adons as leading market players. <\/p>\n
The tran\u00adsac\u00adtion gene\u00adra\u00adted signi\u00adfi\u00adcant inte\u00adrest among exis\u00adting and new insti\u00adtu\u00adtio\u00adnal inves\u00adtors. Exis\u00adting inves\u00adtors had the option of conti\u00adnuing their invest\u00adment through the conti\u00adnua\u00adtion fund or selling all or part of their invest\u00adment to realize liqui\u00addity. This allo\u00adwed them to struc\u00adture their invest\u00adment flexi\u00adbly in line with their respec\u00adtive invest\u00adment objectives. <\/p>\n
Both compa\u00adnies conti\u00adnue to have signi\u00adfi\u00adcant poten\u00adtial for value growth. Against this back\u00addrop, the Conti\u00adnua\u00adtion Fund repres\u00adents the opti\u00admal owner\u00adship struc\u00adture to support their next phase of deve\u00adlo\u00adp\u00adment over the long term. <\/p>\n
Safety21 \u2013 Buil\u00adding a Leading Euro\u00adpean GovTech Plat\u00adform for Traf\u00adfic Safety and Smart Mobility<\/p>\n
Since part\u00adne\u00adring with BU in 2021, Safety21 has evol\u00adved into Italy\u2019s leading GovTech plat\u00adform for traf\u00adfic safety and smart mobi\u00adlity. This growth was driven by the successful expan\u00adsion of major conces\u00adsi\u00adons, a consis\u00adt\u00adently imple\u00admen\u00adted buy-and-build stra\u00adtegy, and the modu\u00adlar, proprie\u00adtary soft\u00adware plat\u00adform TitanO. During BU\u2019s invest\u00adment period, reve\u00adnue and EBITDA nearly tripled. Today, the company serves more than 700 muni\u00adci\u00adpa\u00adli\u00adties under long-term contracts and gene\u00adra\u00adtes a high propor\u00adtion of recur\u00adring revenue. <\/p>\n
These are supported by Safety21\u2019s own exten\u00adsive IoT infra\u00adstruc\u00adture and in-depth regu\u00adla\u00adtory exper\u00adtise. Against the back\u00addrop of ongo\u00ading digi\u00adta\u00adliza\u00adtion trends and nume\u00adrous addi\u00adtio\u00adnal growth opportunities\u2014including the expan\u00adsion of exis\u00adting conces\u00adsi\u00adons, further market conso\u00adli\u00adda\u00adtion, cross-selling oppor\u00adtu\u00adni\u00adties, and inter\u00adna\u00adtio\u00adnal expansion\u2014Safety21 is excep\u00adtio\u00adnally well-posi\u00adtio\u00adned to evolve into a leading Euro\u00adpean GovTech plat\u00adform for traf\u00adfic safety and smart mobility. <\/p>\n
Online\u00adprin\u00adters \u2013 Driving the Next Phase of Indus\u00adtry Consolidation<\/strong><\/p>\n Since part\u00adne\u00adring with BU, Online\u00adprin\u00adters has grown into one of Europe\u2019s leading online prin\u00adting plat\u00adforms and now serves more than one million small and medium-sized custo\u00admers. Driven by orga\u00adnic growth and targe\u00adted acqui\u00adsi\u00adti\u00adons, reve\u00adnue and EBITDA have tripled since BU\u2019s invest\u00adment. With its diffe\u00adren\u00adtia\u00adted and value-enhan\u00adcing stra\u00adtegy of acqui\u00adring custo\u00admer port\u00adfo\u00adlios from smal\u00adler prin\u00adting compa\u00adnies, Online\u00adprin\u00adters syste\u00adma\u00adti\u00adcally inte\u00adgra\u00adtes them into its highly auto\u00adma\u00adted produc\u00adtion and fulfill\u00adment plat\u00adform. This results in signi\u00adfi\u00adcant effi\u00adci\u00adency and sustaina\u00adbi\u00adlity bene\u00adfits. With an expe\u00adri\u00aden\u00adced manage\u00adment team and further attrac\u00adtive growth opportunities\u2014both orga\u00adni\u00adcally and through M&A\u2014Onlineprinters is excep\u00adtio\u00adnally well-posi\u00adtio\u00adned to conti\u00adnue driving the conso\u00adli\u00adda\u00adtion of a large and frag\u00admen\u00adted market and to build Europe\u2019s leading online prin\u00adting platform. <\/p>\n Phil\u00adipp Struth, a part\u00adner at BU<\/strong>, says: \u201cSafety21 and Online\u00adprin\u00adters are two outstan\u00adding compa\u00adnies with strong manage\u00adment teams and attrac\u00adtive oppor\u00adtu\u00adni\u00adties to conti\u00adnue their growth both orga\u00adni\u00adcally and through stra\u00adte\u00adgic acqui\u00adsi\u00adti\u00adons. At BU, we see oursel\u00adves as a long-term part\u00adner to entre\u00adpre\u00adneurs and manage\u00adment teams. That is why we conti\u00adnue to support compa\u00adnies even beyond tradi\u00adtio\u00adnal invest\u00adment hori\u00adzons when we still see signi\u00adfi\u00adcant poten\u00adtial for value crea\u00adtion. The Conti\u00adnua\u00adtion Fund enables us to conti\u00adnue on this shared jour\u00adney and actively support both compa\u00adnies in their next phase of growth.\u201d<\/p>\n Caro\u00adline Schim\u00admel\u00adbusch, Part\u00adner of Capi\u00adtal Forma\u00adtion at BU<\/strong>, adds: \u201cWe thank our exis\u00adting and new inves\u00adtors for their trust and are very plea\u00adsed to be working toge\u00adther with LGT Capi\u00adtal Part\u00adners and Pantheon as lead inves\u00adtors in the conti\u00adnua\u00adtion fund. The tran\u00adsac\u00adtion offe\u00adred our exis\u00adting inves\u00adtors the flexi\u00adbi\u00adlity to either realize liqui\u00addity or parti\u00adci\u00adpate in the next phase of value crea\u00adtion along\u00adside BU. We look forward to support\u00ading the contin\u00adued growth and long-term deve\u00adlo\u00adp\u00adment of Safety21 and Online\u00adprin\u00adters toge\u00adther with the inves\u00adtors in the conti\u00adnua\u00adtion fund.\u201d<\/p>\n Paul, Weiss, Rifkind, Whar\u00adton & Garri\u00adson LLP<\/strong> served as legal counsel.<\/p>\n Ever\u00adcore<\/strong> served as the exclu\u00adsive finan\u00adcial advi\u00adsor for the transaction.<\/p>\n About Bregal Entre\u00adpre\u00adneu\u00adrial Capital<\/strong><\/p>\n BU Bregal Unter\u00adneh\u00admer\u00adka\u00adpi\u00adtal (\u201cBU\u201d) is a leading private equity firm with offices in Zug, Munich, Amster\u00addam, Milan, and London. With more than \u20ac7 billion in assets under manage\u00adment (AUM), BU is the largest mid-cap inves\u00adtor head\u00adquar\u00adte\u00adred in the DACH region. The funds advi\u00adsed by BU focus on invest\u00adments in mid-sized compa\u00adnies in the DACH region and adja\u00adcent markets. With a mission to be the prefer\u00adred part\u00adner for entre\u00adpre\u00adneurs and family-owned busi\u00adnesses, BU focu\u00adses on part\u00adner\u00adships with market leaders and \u201chidden cham\u00adpi\u00adons\u201d that have strong manage\u00adment teams and growth poten\u00adtial. Since its foun\u00adding in 2015, the funds advi\u00adsed by BU have inves\u00adted in more than 180 compa\u00adnies with nearly 32,000 employees. This has resul\u00adted in the crea\u00adtion of more than 11,000 jobs. BU supports entre\u00adpre\u00adneurs and fami\u00adlies as a stra\u00adte\u00adgic part\u00adner in further deve\u00adlo\u00adping, inter\u00adna\u00adtio\u00adna\u00adli\u00adzing, and digi\u00adtiz\u00ading their compa\u00adnies, and helps them create sustainable value respon\u00adsi\u00adbly and with an eye toward the next generation. <\/p>\n About LGT Capi\u00adtal Partners<\/strong><\/p>\n LGT Capi\u00adtal Part\u00adners is a leading global specia\u00adlist in alter\u00adna\u00adtive invest\u00adments with over $110 billion in assets under manage\u00adment and more than 750 insti\u00adtu\u00adtio\u00adnal clients in 50 count\u00adries. An inter\u00adna\u00adtio\u00adnal team of over 950 employees mana\u00adges a broad spec\u00adtrum of invest\u00adment programs focu\u00adsed on private markets, multi-alter\u00adna\u00adti\u00adves, and diver\u00adsi\u00adfy\u00ading stra\u00adte\u00adgies, comple\u00admen\u00adted by sustainable and impact invest\u00adments. Head\u00adquar\u00adte\u00adred in Pf\u00e4f\u00adfi\u00adkon (SZ), Switz\u00ader\u00adland, the company has offices in San Fran\u00adcisco, New York, Dublin, London, Paris, The Hague, Luxem\u00adbourg, Frank\u00adfurt am Main, Vaduz, Dubai, Beijing, Hong Kong, Tokyo, Singa\u00adpore, and Sydney. \u2014 www.lgtcp.com<\/a> <\/p>\n