360 Advanced Receives Strategic Growth Investment from Bregal Sagemount
Deal News | Jan 08, 2025 | Goodwin
Goodwin provided advisory services to Bregal Sagemount on their strategic minority growth investment in 360 Advanced, a consulting firm specialized in cybersecurity and compliance frameworks. This investment comes from Bregal Sagemount's Basecamp fund and will lead to an operational restructuring of 360 Advanced into two entities: 360 Advanced Cybersecurity, LLC for advisory and non-attest services, and 360 Advanced, Inc., a CPA firm focused on attest services. Bregal Sagemount, a prominent growth-oriented private capital firm, boasts over $7.5 billion in cumulative capital and has invested in 75 companies across various high-growth sectors like software, fintech, and healthcare IT. This deal aims to leverage Bregal Sagemount's capital resources and strategic insight to bolster 360 Advanced's market offering.
Sectors
- Private Equity
- Cybersecurity
- Compliance and Assurance
Geography
- United States – Bregal Sagemount has offices in New York, Palo Alto, and Dallas, and is involved in the investment in 360 Advanced.
Industry
- Private Equity – The article discusses an investment by Bregal Sagemount, a private equity firm, in 360 Advanced.
- Cybersecurity – 360 Advanced is a consulting firm focused on cybersecurity and compliance frameworks.
- Compliance and Assurance – The investment will allow 360 Advanced to specialize in both advisory and attest services, essential for compliance and assurance.
Financials
- More than $7.5 billion – Cumulative capital raised by Bregal Sagemount.
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| 360 Advanced | Target Company | Company | A consulting firm focused on cybersecurity and compliance frameworks. |
| Bregal Sagemount | Bidding Company | Company | A growth-focused private capital firm providing strategic investment. |
| Goodwin | Legal Advisor | Company | Advised Bregal Sagemount on the investment deal. |