Bregal Sagemount is said to reap more than 3x on NMI sale

Bregal Sagemount, NMI, private equity, merger, M&A, fintech
smart logistics and wireless communication network, abstract image visual, internet of things. Photo courtesy of chombosan/iStock/Getty Images
  • Francisco Partners bought a majority of NMI
  • Bregal Sagemount invested in NMI in ’13, exited in ’17
  • Great Hill Partners invested in NMI in 2014
Bregal Sagemount more than tripled its money with the sale of Network Merchants Inc, or NMI, to Francisco Partners, a source said. The San Francisco PE firm said Sept. 7 that it acquired a majority of NMI. Terms of the deal, ...

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