This article covers Redgate Software, a SaaS firm, which has secured a growth funding round, with terms not disclosed, and will see Bregal Sagemount become majority shareholder pending regulatory approvals. The investment aims to accelerate product development, AI integration and business expansion, supporting enterprise customers and the wider database tooling market.
Redgate Software has secured a growth funding round, with terms not disclosed, to back its next phase of product development and business expansion. The deal marks a new ownership chapter for the Cambridge business and signals continued investor appetite for established database tooling vendors as they reposition for AI and automation in enterprise environments.
Redgate is a long-established player in database tooling. Founded in Cambridge in 1999 by Neil Davidson and Simon Galbraith, the company now has more than 500 employees across six locations and a US headquarters in Austin, Texas. Its products are used by more than 200,000 people worldwide and, the company says, by 92% of the Fortune 100. That breadth gives Redgate a significant foothold in enterprise database operations at a moment when organisations are wrestling with cloud migration, compliance and AI-ready data architectures.
A fresh capital injection aimed at accelerating product development and AI integration could change the competitive dynamics for vendors offering change automation, governance and data provisioning across SQL and cloud-native environments.
Redgate positions itself as a unified database operations platform, bringing together change automation, observability, governance and compliant data provisioning. The company emphasises features intended to reduce errors and improve efficiency across database lifecycles — capabilities that matter to large enterprises running complex, data-rich applications.
Strategic priorities cited by Redgate include faster product development, deeper AI integration and expanded automation, governance and security features. Those areas reflect wider market demand for tools that help teams move faster without increasing risk in regulated or highly available systems.
The investor in this transaction is Bregal Sagemount, a private equity platform focused on growth investments in North America and Europe. The firm will become the majority shareholder pending regulatory approvals and customary closing conditions, with the transaction expected to close in late Q1 2026. Shea & Company acted as exclusive financial advisor to Redgate and DLA Piper provided legal counsel.
In the announcement, Adam Fuller, Co-Founder and Partner at Sagemount, said:
Simon, Neil, and the Redgate team have built an exceptional company, with a trusted, long-established brand and a track record of resilience and reinvention. We have followed Redgate with interest for many years, and, leveraging our long history of partnering with founder-owned and product-led businesses like Redgate, we believe that now is the ideal time to be making a strategic investment with long-term growth ahead.
In the announcement, David Greenbaum, Principal at Sagemount, said:
Redgate’s database operations platform is uniquely engineered to unify change automation, observability, governance, and compliant data provisioning, with coverage across the world’s most data-rich and complex enterprises. We look forward to supporting the Redgate team to scale and empower customers with secure, compliant, and AI-ready database management.
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Redgate’s leadership framed the move as a partnership to accelerate long-term plans. In the announcement, Jakub Lamik, CEO at Redgate, said:
I have led Redgate as CEO since 2021, working with an exceptional team who have made us the market leader in Database DevOps we are today. When seeking a partner for our next phase of growth and development, I knew we needed an investment firm with a close cultural fit and shared long-term view of Redgate’s potential. Sagemount’s wealth of experience and success with founder-led software businesses, coupled with their strong support of our vision to become the trusted database operations platform, makes this an ideal partnership.
In the announcement, Steve Mitchell, Redgate’s CFO, said:
We are thrilled to enter this new era for Redgate, and Sagemount is the perfect partner to support us in achieving our strategic growth initiatives. I look forward to working with them as we focus on faster product development, greater breadth and depth of AI integration and capabilities, and enhanced automation, governance and security offerings. Together, we will ensure our customers’ database environments are ready to scale in line with their business goals.
The transaction sits within a broader trend of private equity and growth investors targeting mature software businesses that can be expanded through product investment and international scaling. For UK-founded software firms, such deals often combine continued product-led engineering with more aggressive go-to-market and M&A activity to broaden portfolios.
For the UK and European ecosystem, Redgate’s shift in ownership underscores that established software businesses remain attractive targets for growth capital, particularly where there is a clear route to AI-enabled product enhancements and enterprise licensing expansion. The outcome will be worth watching for competitors, customers and SaaS investors tracking the database tools market.
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