Bregal Sagemount completed a $120m investment in Accellion.

Bregal Sagemount, a growth-focused private capital firm, completed a $120m investment in Accellion, a private cloud solutions company focused on secure file sharing and collaboration. “Companies are increasingly required to choose between security and functionality when it comes to email encryption, secure file transfer, secure collaboration, MFT, and other communications with the outside world. The unique Accellion content firewall platform provides the best of both worlds. Accellion’s market positioning has allowed it to build a unique suite of technology solutions to help companies maintain high levels of security across a rapidly evolving landscape,” Michael Kosty, Bregal Sagemount Founder and Partner.