Cinven to Acquire Swedish Insurance Broker Säkra from Adelis

Adelis Equity Partners Becomes Majority Owner of Säkra AB

October 25, 2019

Insurance

Adelis Equity Partners will become majority owner of Säkra AB as the Swedish insurance brokerage consolidates affiliated offices to form a leading broker focused on P&C, life, pension and savings. The transaction — which is subject to competition and Swedish Financial Supervisory Authority approval — appoints Eva Pantzar Waage as CEO while Säkra's brokers and management remain significant shareholders. Adelis intends to support geographic and product expansion and use Säkra as a platform for market consolidation.

Cinven Acquires Majority Stake in JAGGAER from Accel-KKR

August 15, 2019

Cloud & SaaS

International private equity firm Cinven has acquired a controlling majority stake in JAGGAER, the global SaaS spend-management and Source-to-Pay provider. Accel-KKR, which took JAGGAER private in 2016 and drove significant growth and add-on acquisitions, retains a minority stake; Cinven said it will support further R&D investment and additional acquisitions to drive growth.

Adelis Establishes Circura, Combining Four Rehab Specialists in Sweden

December 9, 2021

Construction

Adelis Equity Partners has partnered with four entrepreneur-led companies—Reomti, Våtrumsteknik, Heving & Hägglund and Dipart—to establish Circura, a platform focused on building rehabilitation and renovation services in Sweden. The new group will generate SEK 2 billion in revenue and about 400 employees, with a stated strategy to consolidate the market and double revenue by 2025.

Cinven to Acquire Finaxy Group from Ardian

September 3, 2024

Financial Services

Private equity firm Cinven has entered exclusive negotiations to acquire the Finaxy group from Ardian, with Finaxy management (led by Founder & CEO Erick Berville) set to significantly reinvest alongside Cinven. Headquartered in Paris, Finaxy is a multi-specialist French insurance broker with over 330 employees and more than €700 million in premiums; Cinven will invest from its Strategic Financials Fund and aims to accelerate Finaxy's buy-and-build growth across France and internationally.

Adelis Equity Partners Acquires Majority Stake in Aderian Group

December 9, 2022

IT Services

Adelis Equity Partners has become the new majority owner of Swedish IT services group Aderian to support accelerated organic growth and an active M&A strategy. Aderian, a decentralized group of local IT specialists focused on SME customers, will retain significant ownership by entrepreneurs and management and is expected to reach c. SEK 1 billion in revenue with ambitions to triple revenue over five years.

ALKEME Acquires Sarrica Insurance Group

October 10, 2024

Insurance

ALKEME, a Top 35 full-service insurance brokerage, has acquired Sarrica Insurance Group, a Franklin Square, New York-based independent insurance agency. The deal expands ALKEME’s footprint in the Northeast and adds specialized property & casualty expertise, including high-net-worth personal lines, real estate/condo association coverage, contractor and automotive repair industry capabilities.