We invest in growing businesses based in Western Europe, with a particular focus on the UK and Benelux markets

Our investment focus


Western Europe, with a particular focus on the UK and Benelux markets.


€30-100m equity investment.


Typically majority stakes but with flexibility to take minority positions and invest across the capital structure.


Companies with significant growth potential, be it through organic growth, international expansion, or M&A


Businesses that positively impact society and which people are proud to work for.

Our portfolio

  • Founded in 1998, Radley is a leading British handbag and accessories brand in the affordable luxury market.

  • Taziker Industrial, founded by Tom Taziker in 1969, is a multi-discipline specialist contractor providing protective coatings, structural refurbishments and minor civils to the rail, road, marine and utilities industries.

  • Established in 1966 and with over 70 branches across Belgium, Lunch Garden is an iconic self-service restaurant brand that offers customers high quality, traditional Belgian cuisine, complemented by international dishes, focused on the value segment of the market.

  • Verwater is a global industrial and petrochemical contractor specialising in storage tank maintenance. Verwater was founded in 1922 and is headquartered in Rotterdam.

  • Founded in 2012, Euro-Caps is the world’s largest private label manufacturer of Nespresso® compatible coffee capsules.

  • Established in 2002 by CEO Anne-Bart Tieleman as GA-Finance, the Group, with Bregal Freshstream’s support, rebranded and launched as TrueNoord in June 2016. It provides financing solutions for regional aircraft and aviation projects globally.

  • Intergas is the leading Dutch manufacturer of space and water heating equipment. It is headquartered in Coevorden, the Netherlands and its roots date back to 1939. It has manufacturing facilities in the Netherlands and Canada and sales offices in the UK and US.

    Bregal Freshstream exited its investment in Intergas in May 2019.


  • Founded in 2008, Away Resorts is a fast-growing UK holiday park operator, with leading resorts in prime destinations including Tattershall Lakes in Lincolnshire and Whitecliff Bay on the Isle of Wight.

  • Founded in 2003, M&J Evans is a groundworks and civil engineering contractor operating in the Midlands. The Company is headquartered in Walsall.

  • Avicenna is a fast-growing retail pharmacy chain with the goal of creating one of the leading pharmacy groups in the UK. They also operate a buying and support services organisation with over 1,000 independent pharmacy members who benefit from combined purchasing terms as well as a range of value added services across regulation, training and business support.

  • Themis Risk, founded by Phil Cleary and Mike Cleary as SmartWater in 1996, is a security technology group combining PID Systems, a market leading remote mobile CCTV product, and SmartWater, a proprietary forensic marking technology.