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Carner advises payment and event technology company CoreGo in majority growth investment from Bregal Milestone

Carner advises payment and event technology company CoreGo in majority growth investment from Bregal Milestone

Carner Corporate Finance acted as the exclusive financial advisor to the shareholders of CoreGo Oy (“CoreGo” or the “Company”) in a transaction where leading European software growth private equity firm Bregal Milestone makes a majority strategic growth investment in the Company.

The transaction reflects Carner’s experience in executing complex international growth financings and M&A processes, as well as its ability to connect high-quality Nordic technology companies with global investors. It also underscores the continued competition among European investors for scalable, high-value software and fintech platforms.

Founded in Finland in 2015, CoreGo has rapidly developed into one of Europe’s leading providers of open-loop payments and integrated technology solutions for festivals, sports events, and venues. The Company operates across the Nordics and DACH region serving hundreds of customers, delivering an integrated suite of solutions through CoreGo Cloud, unifying payments, access, networks, and data into a single real-time operating system.

CoreGo’s technology is designed for demanding live environments. Its platform has been deployed in large-scale international settings, demonstrating consistent performance in high-volume, mission-critical environments, including the Adele Munich concert residency, which drew over 730,000 fans across 10 shows, Secto Rally Finland, the largest annual event in the Nordics, and the FIS Nordic World Ski Championships 2025.

In FY2025, CoreGo reported over 98% year-on-year profitable revenue growth, underpinned by a strong recurring revenue base and gross margins above 85%. The investment will support CoreGo’s next phase of growth, including accelerated international expansion, continued product development, and further advancement of its digital and data-driven capabilities.

CoreGo is a strong example of a scalable, internationally competitive technology platform. Transactions like this reflect continued demand among European investors for high-quality Nordic software and fintech companies.

Timo Nuorla, Director, Carner Corporate Finance

Working with Carner was a natural choice from day one. Their professionalism and deep grasp of our business were evident throughout the process. They were diligent at every stage and played a central role in negotiations, rapidly building strong momentum among investors. Carner's international reach and commitment to achieving the best possible outcome made all the difference. For any founder considering a similar process, we would not hesitate to work with them again.

Hannu Elomaa, CEO and Co-Founder, CoreGo Oy

Terms of the transaction were not disclosed.


For further information, please contact:

Timo Nuorla
Director
Carner Corporate Finance
+358 40 129 9669
timo.nuorla@carner.com

Carner Corporate Finance is an independent Finnish corporate finance advisory firm specializing in mergers and acquisitions, sell- and buy-side advisory, and international transactions. Carner has completed deals in 18 countries and is a trusted adviser to private equity investors, entrepreneurs, and corporate management teams. The firm is part of the IMAP (International M&A Partners) network, one of the world’s leading mid-market M&A advisory organizations, operating through 60 offices in 51 countries. Carner was named Finland Financial Advisor of the year 2025 by Mergermarket.

About CoreGo

CoreGo is a European open-loop payment and event technology solutions company providing integrated solutions for festivals, sports events, and venues. Founded in Helsinki in 2015, the Company’s platform combines payments, access control, private network infrastructure, and real-time analytics into a unified system designed for high-volume live environments. CoreGo operates across the Nordics and DACH region, serving approximately 250 customers. For more information, visit www.corego.fi or follow us on LinkedIn.

About Bregal Milestone

Bregal Milestone is a leading software private equity firm with c. €2 billion of capital raised since inception. The firm provides growth capital and operational support to build market-leading software companies. Bregal Milestone is part of Bregal Investments, a leading global investment platform with assets under management of over €19 billion. Bregal Milestone was recognized by GrowthCap as one of the Top Private Equity Firms of 2025. For more information, visit www.bregalmilestone.com or follow us on LinkedIn.

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