Investor Type | Firm |
Type of Fund | Private Equity Fund |
Industries | Software (Web Marketplace Saas..) • IT (& TMT) • A.I. (& Big Data) |
Stages | MBO/LBO, Recapitalization, Consolidation, PIPE, Going Private |
Investing | United States |
Investment Range | $17,000,000 - $50,000,000 |
Assets Under Management | $1,400,000,000 |
Bedford Funding is a private equity firm with a focus on long-term capital investments in the technology industry, particularly within the software and IT services sectors. They boast strong operating backgrounds which contribute to their deep understanding of the opportunities within technology enterprises. Bedford Funding invests worldwide with their headquarters in White Plains, New York. The fund has showcased its expertise in the areas of MBO/LBO, Recapitalization, Consolidation, PIPE, and Going Private transactions. Furthermore, it operates as a Private Equity Fund with an investment range between $17 million and $50 million and manages assets totaling approximately $1.4 billion. Since its inception in 2006, Bedford Funding has established a track record of sourcing innovative technology companies and enabling their growth and wealth creation. The firm has made significant commitments in sectors such as Healthcare, with $1 billion in committed capital, and People Management, with $400 million committed capital. Notable investments include the sale of MDLIVE to Evernorth/Cigna and the sale of Voalte to Hill-Rom. Additionally, Bedford has backed projects such as KZO Innovations Video Platform and Socialtext's Productivity Platform. The principals have a shared history at Geac, an enterprise software company that provided a significant return to investors, and have brought their collective experience to Bedford Funding for over twelve years. Despite their successful track record, it's important to note that Bedford Funds are currently closed, with no subscriptions for interests being accepted, and they do not intend to raise any further funds.