Bregal Sagemount Basecamp Announces Strategic Growth Investment In 360 Advanced

Bregal Sagemount (“Sagemount”), a leading growth-focused private equity firm, today announced a minority growth investment from its Basecamp fund, in 360 Advanced, a leading consulting firm focused on cybersecurity and compliance frameworks. Terms of the transaction were not disclosed.

Founded in 2009 and headquartered in St. Petersburg, FL, 360 Advanced specializes in delivering high-quality, client-centric cybersecurity and compliance services.

The company offers a suite of audit and attestation services, including SOC, PCI, ISO, HITRUST, FedRAMP, CMMC, HIPAA, among others. With a strong focus on customer satisfaction and a commitment to excellence, 360 Advanced has built a reputation for providing tailored solutions to clients ranging from growth stage to large enterprises across healthcare, financial services, technology, government and business services.

With the completion of this investment, 360 Advanced will operate in an alternative practice structure. 360 Advanced Cybersecurity, LLC will provide advisory and non-attest services while 360 Advanced, Inc., an independently owned licensed CPA firm, will provide attest services.

Goodwin Procter LLP and Vedder Price PC served as legal counsel for Sagemount, and Hunton Andrews Kurth, and Shumaker, Loop, and Kendrick served as legal counsel for 360 Advanced. DC Advisory served as financial advisor to 360 Advanced.