Equistone Partners Europe Invests in adm Group

Equistone-backed adm Group Acquires Indicia Worldwide from Konica Minolta

March 31, 2025

Marketing & Advertising

Equistone Partners Europe–backed adm Group has agreed to acquire Indicia Worldwide, the marketing communications and production business formerly owned by Konica Minolta. The transaction, subject to customary regulatory approvals, is expected to complete in Q2 2025 and will expand adm's global footprint and service offering across creative, data, production and procurement capabilities.

Equistone Partners Europe makes minority investment in QuestGates

August 5, 2024

Professional Services

Equistone Partners Europe has made a significant minority growth investment in QuestGates, the UK’s largest independent provider of complex loss adjusting and claims solutions. QuestGates, headquartered in Birmingham with c.500 employees and £41m revenue in FY2023/24, will continue to be led by CEO Chris Hall and remain majority-owned by its management team and employees; the capital will support organic growth, capability development and further acquisitive expansion.

adm Group Acquires Lapine and Effectus

May 11, 2022

Marketing & Advertising

adm Group has acquired Stamford‑based consumer engagement agency Lapine and Miami‑based consulting firm Effectus to strengthen its North American presence and broaden its marketing‑execution and consulting capabilities. The two businesses are projected to have combined 2022 revenues in excess of $130 million and will provide adm with enhanced consumer engagement, digital transformation and process‑improvement services for enterprise clients.

Equistone Partners Europe Acquires Amadys

November 15, 2019

Telecommunications

Equistone Partners Europe has agreed to acquire Amadys NV, a Brussels-headquartered provider and distributor of passive network equipment for utilities and telecoms, from the company's management and Vectis Private Equity. Management, led by CEO Hein Wilderjans, will reinvest and retain a minority stake; Equistone plans to support organic growth and use Amadys as a platform for consolidation and international expansion. The deal is subject to competition clearance and financial terms were not disclosed.

adm Group Acquires DASS to Bolster Digital and Shopper Engagement

June 28, 2023

Marketing & Advertising

adm Group has acquired Singapore-headquartered shopper and digital marketing agency DASS, including its proprietary MarTech platform FLOW. The deal expands adm's digital and shopper marketing capabilities to digitise POSM and capture first-party data; DASS founder Wayne Cowden will continue to lead the business and join adm's APAC senior leadership team.

Equistone Partners Europe Acquires Majority Stake in Kusters Beheer B.V.

January 27, 2021

Manufacturing

Funds advised by Equistone Partners Europe have agreed to acquire a majority stake in Kusters Beheer B.V., a Netherlands-based group of six precision manufacturing companies. The founding family and current management will retain a significant minority stake and the partnership will support investments in production capacity, technology and strategic add-on acquisitions to drive growth.