Bregal Sagemount to take majority stake in Luxembourg’s ATOZ Services

• ATOZ Group and ICG will retain minority stakes in the business.
• Proceeds are earmarked for AI investment and entry into new geographic markets.
• The company was founded in 2018 and employs nearly 300 staff across Luxembourg, Morocco and the UK.

Bregal Sagemount, a growth-focused private equity firm, has agreed to become majority shareholder of ATOZ Services, an independent Luxembourg-based fund services platform.

ATOZ Group and ICG, the company’s existing backers, will retain minority stakes. The deal remains subject to regulatory approval and other customary closing conditions.

Founded in 2018 as part of ATOZ Group, ATOZ Services provides fund-linked special purpose vehicle services, fund administration, and fund governance, risk, and compliance services to more than 800 private equity, private credit, and real estate clients. In recent years, the company has expanded its regulated fund administration capabilities, established a presence in the United Kingdom, and broadened its Fund GRC offering.

The investment will support ATOZ Services’ international expansion and acquisition strategy, along with further investment in artificial intelligence and entry into additional geographic jurisdictions, according to the statement.

Goodwin Procter served as legal counsel to Sagemount. Baird acted as exclusive financial advisor to ATOZ Services, which was also represented by A&O Shearman.