CG Results has advised Redstor on its significant investment from Bregal Milestone
- Service: M&A
- Sector: Technology
- Sub Sector: Enterprise SaaS, Cyber Security
- Engagement Type: Sell Side
CG Results is delighted to announce that it has advised Redstor, the fast-growing and disruptive B2B SaaS provider of category leading data management and protection solutions, on its significant investment from UK-headquartered Bregal Milestone.
UK-based Redstor, previously backed by Beech Tree Private Equity, enables channel partners worldwide to protect customer data across the broadest range of environments (on premise, cloud native infrastructure, SaaS applications) all from a single, cloud-based application. Its unique smart data management platform leverages AI and machine learning to help companies mitigate data fragmentation and failure points, thwart ransomware and malware attacks, reduce downtime and adhere to global regulatory standards.
Bregal Milestone is a European technology growth capital firm managing more than €1.1 billion and is part of Bregal Investments, a global investment firm with assets under management of over €12 billion.
This deal emphasises our very strong track record in advising leading European SaaS and cyber security businesses – represents our 12th completed SaaS transaction since the beginning of 2020 and our 11th European cyber security deal.
We are delighted with both the process and output. CG Results thoroughly prepared the business, really getting under the skin of the business model and key drivers, and designed a process that both maximised sale value but also enabled management to form a view on the best future partner. Therefore, all the shareholder objectives were met – overall a first-class job!
Paul Franks, Managing Partner, Beech Tree Private Equity
We enjoyed working with the CG Results team who ran an extensive process and an efficient operation. In the closing weeks, their project management skills really came to the fore, coordinating a multitude of stakeholders to ensure deal completion within 3 weeks of agreeing terms.
Paul Evans, CEO and Co-Founder, Redstor