Bregal Sagemount to acquire a minority stake in Extra Duty Solutions.

Bregal Sagemount, a growth-focused private equity platform, agreed to acquire a minority stake in Extra Duty Solutions, a provider of off-duty program administration services and scheduling software for law enforcement agencies. Financial terms were not disclosed. “Since founding EDS in 2015, we have remained tirelessly focused on being a partner to law enforcement agencies in administering and optimizing their off-duty programs to serve the best interest of the agencies, personnel, and communities they serve. As we enter our next phase of growth, we are excited to partner with Sagemount and leverage their expertise in scaling market-leading technology-enabled businesses to accelerate our efforts to enable law enforcement and public safety agencies to operate more efficiently and effectively in delivering services in their communities. Sagemount’s track record of supporting technology development and strategic acquisitions with a focus on expanding offerings to enhance customer relationships was particularly attractive as we selected our growth partner," Rich Milliman, EDS Founder and CEO.