Pantheon co-leads €811M continuation fund for Bregal's two portfolio firms

What's the deal? Pantheon has co-led an €811 million multi-asset continuation vehicle for Bregal UnternehmerkapitalDealroom has a profile for this one. Try Dealroom →. The vehicle will fund the next stage of expansion for two of the firm's portfolio companies.

Which companies? The first is Safety21Dealroom has a profile for this one. Try Dealroom →, a European GovTech platform focused on road safety and smart mobility. The second is OnlineprintersDealroom has a profile for this one. Try Dealroom →, an e-commerce printing business.

The signal: The deal reflects growing appetite for complex GP-led secondaries in Europe, where firms increasingly use continuation vehicles to hold onto assets and back further growth rather than sell.

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