Bregal Sagemount, a private equity firm, has agreed to acquire a majority stake in ATOZ Services, an independent fund services platform based in Luxembourg. The existing backers, ATOZ Group and ICG, will retain minority stakes in the company.

Founded in 2018, ATOZ Services offers fund administration, governance, risk, and compliance services to over 800 clients in private equity, private credit, and real estate. The company has expanded its services and geographic reach, including establishing a presence in the United Kingdom.

The investment from Bregal Sagemount is intended to fuel ATOZ Services' international expansion, support its acquisition strategy, and drive further investment in artificial intelligence and new markets. The deal is subject to regulatory approval and customary closing conditions. Goodwin Procter advised Sagemount, while Baird and A&O Shearman advised ATOZ Services.