M-Files
FinlandWho owns M-Files?
M-Files is a Finnish SaaS company, now owned by Haveli Investments, which acquired it in 2024 from Molten Ventures and Partech Partners.
Hand-verified · updated 2026-09-30
Open JSON · CC-BY
Key facts
- ·Fully exited in 2024 to Haveli Investments / Bregal Milestone.
- ·Best return: 7.4x MOIC by Molten Ventures (2024 exit).
- ·Average hold across 3 realized cycles: 7 years.
Ownership history
3 ownership periods · co-invest detected
Molten Ventures sold M-Files to Haveli Investments / Bregal Milestone in 2024 after 11 years.
Partech Partners sold M-Files to Haveli Investments in 2024 after 8 years.
Bregal Milestone sold M-Files to Haveli Investments, Bregal Milestone and CrossParadigm Capital in 2024 after 3 years.
More from Bregal Milestone Fund I
Other portfolio companies in the same fund.
UK
Spain
Germany
UK, USAMore PE-backed in SaaS
Comparable saas deals from other GPs.
Ireland
Belgium
Questions
Who owns M-Files?
M-Files is now owned by Haveli Investments, which acquired it in 2024 from Molten Ventures and Partech Partners.
When did Haveli Investments acquire M-Files?
Haveli Investments acquired M-Files in 2024, buying from Molten Ventures and Partech Partners.
Who did M-Files sell to?
Molten Ventures sold M-Files to Haveli Investments / Bregal Milestone in 2024 (Secondary), 7.4x return. Partech Partners sold M-Files to Haveli Investments in 2024 (Secondary). Bregal Milestone sold M-Files to Haveli Investments, Bregal Milestone and CrossParadigm Capital in 2024 (Recapitalization).
Who has owned M-Files over time?
M-Files has been through 3 private-equity ownership periods: Molten Ventures · via Molten Ventures Balance Sheet · 2013–2024 · sold to Haveli Investments / Bregal Milestone · (Secondary) · 7.4x; Partech Partners · via Partech Growth · 2016–2024 · sold to Haveli Investments · (Secondary); Bregal Milestone · via Bregal Milestone Fund I · 2021–2024 · sold to Haveli Investments, Bregal Milestone and CrossParadigm Capital · (Recapitalization).