Bregal Unternehmerkapital closes second fund at ~ 1.2 billion euros

Having fully invested its first fund dedicated to German-speaking Europe, which was launched in 2015 with Euro 550 million in capital commitments, Bregal Unternehmerkapital continues its long-term investment activities with “Bregal Unternehmerkapital II”. Several new limited partners, such as families, entrepreneurs and investors associated with Bregal Unternehmerkapital joined Constanter Genossenschaft, a charitable organization of the Brenninkmeijer family, in this new fund, which closed a few days ago. We were pleased that the fund was oversubscribed. The investment team of Bregal Unternehmerkapital has again made a significant capital commitment.

The new fund will allow us to further pursue Bregal Unternehmerkapital’s already successful investment strategy independent of financial markets. “Bregal Unternehmerkapital II” will continue to focus on companies implementing management succession plans, financing growth opportunities, management buy-outs and complex industry spin-offs. We intend to acquire minority and majority stakes ranging from Euro 30 to 180 million.

As part of a family business that has grown over several generations, Bregal represents special entrepreneurial values and a deep understanding of the needs of owner-managed and family-owned companies. More than 70% of Bregal Unternehmerkapital’s investments are based on partnerships and generational management changes with entrepreneurs and family owners. This approach is reflected in our newest investment: trendtours Touristik GmbH marks the first investment of “Bregal Unternehmerkapital II” and one where our involvement implements the generational transition of the company’s management. The company offers flight and hotel packages, coach tours, cruises and adventure or simply relaxing holidays, among others. Trendtours has been active in the market since 2000 and in recent years has experienced ongoing growth, with revenue increasing to more than Euro 300 million last year. For Werner Scheidel, the founder and Managing Director of trendtours, the crucial factors in choosing Bregal were our understanding of and experience in developing medium-sized enterprises. Together, we want to ensure that trendtours continues to grow sustainably in the long term and maintains its successful trajectory.