Ridango Secures Investment from Bregal Milestone with Walless as Legal Advisor
Deal News | Apr 07, 2025 | CEE Legal Matters
Walless has played a pivotal advisory role for Bregal Milestone in its recent investment in Ridango. Bregal Milestone is a prominent private equity firm that focuses on software and technology companies. Ridango, founded in 2009, is a noteworthy player in the field of smart transportation software, providing solutions for public transport authorities and private transit operators. The investment aims to bolster Ridango's growth and innovation within the smart transportation sector. Supporting this transaction, the Walless team included a comprehensive lineup of experienced legal professionals, showcasing their expertise in facilitating investment dealings. Sorainen also reportedly advised Ridango in this strategic transaction, ensuring the interests of all parties were adequately represented.
Sectors
- Private Equity
- Software and Technology
- Transportation
Geography
- Estonia – Ridango is likely based in Estonia, as the legal advisories from local firms such as Walless and Sorainen suggest a regional focus.
- Europe – Bregal Milestone, as a European private equity firm, typically engages in investments within Europe.
Industry
- Private Equity – Bregal Milestone is a private equity firm investing in Ridango, focusing on smart transportation solutions.
- Software and Technology – Ridango specializes in intelligent transportation systems, falling under software and technology industries.
- Transportation – Ridango operates within the transportation sector, offering software solutions for public transport authorities.
Financials
Participants
| Name | Role | Type | Description |
|---|---|---|---|
| Bregal Milestone | Investor | Company | A private equity firm specializing in software and technology company investments. |
| Ridango | Target Company | Company | A company providing intelligent transportation software solutions since 2009. |
| Walless | Legal Advisor for Bregal Milestone | Company | A legal advisory firm that assisted Bregal Milestone in its investment process. |
| Sorainen | Legal Advisor for Ridango | Company | A legal advisory firm that provided legal assistance to Ridango. |