Private Equity Firm Financial Services

Adelis Equity Partners

Stockholm, Sweden

Adelis Equity Partners is a growth-focused private equity firm based in the Nordics. The firm partners with management and/or owners to build businesses in growth segments, making platform investments and add-on acquisitions.

Focus Areas
Private equity investing, Middle-market buyout/growth investing

Tracked deals

25

25 tracked deals across 2019-2026.

Recent pace

1

1 tracked deal announced in the last 12 months.

Deal mix

Buyout

19 buyout · 3 addon · 3 growth capital

Adelis Equity Partners Acquisition Volume by Year

Last 8 years

Acquisition volume by year Annual acquisition counts for the last 8 years for Adelis Equity Partners. 2 2019 3 2020 3 2021 7 2022 1 2023 3 2024 5 2025 ~1 est. 1 2026
Actual Full-year estimate

Supporting Data

Recent Transactions

Showing the 12 most recent of 25 tracked deals for Adelis Equity Partners.

  • UniSea Acquires Kaiko Systems
    June 10, 2026
    Buyer
    UniSea, Adelis Equity
    Target
    Kaiko Systems
    Industry
    Software
    Location
    Germany
    Type
    Buyout

    UniSea announced the acquisition of Berlin-based Kaiko Systems, an AI-powered frontline intelligence and vessel inspection software company for the maritime industry. The deal combines UniSea’s HSEQ, maintenance, procurement, and dry-docking platform with Kaiko’s AI-driven inspection and compliance capabilities, while Kaiko will continue operating as a distinct product with its own team and roadmap.

  • Adelis Equity Partners Acquires Retta (Retta Oy & Retta AB)
    September 1, 2025
    Buyer
    Adelis Equity Partners (via Adelis Equity Partners Fund IV AB)
    Target
    Retta Oy, Retta AB
    Industry
    Real Estate
    Location
    Finland
    Type
    Buyout

    Adelis Equity Partners (via Adelis Equity Partners Fund IV AB) has acquired Retta Oy and Retta AB, the leading provider of B2B property management and real estate services in Finland and Sweden, taking a majority stake to support the company's next growth phase. Adelis will back Retta's investments in digitalization, capability development and complementary strategic acquisitions to accelerate Nordic expansion.

  • Adelis Equity Partners Forms Cedra Norway via Acquisition of Deloitte Norway’s SMB Audit and Advisory Business
    August 11, 2025
    Buyer
    Adelis Equity Partners, Cedra Norway (in partnership with former Deloitte partners)
    Target
    Deloitte Norway’s SMB audit and advisory business, Cedra Norway
    Seller
    Deloitte Norway
    Industry
    Professional Services
    Location
    Norway
    Type
    Addon

    Adelis Equity Partners is carving out Deloitte Norway’s SMB audit and advisory business and forming a new standalone platform entity, Cedra Norway, in partnership with former Deloitte partners. The carve-out is expected to close in December 2025, subject to regulatory approvals, with Cedra Norway projected to have NOK 500m in revenues and over 300 professionals across 13 locations.

  • Adelis Equity Partners Acquires Majority Stake in Bryntum
    June 5, 2025
    Buyer
    Adelis Equity Partners
    Target
    Bryntum
    Industry
    Software
    Location
    Stockholm County, Sweden
    Type
    Buyout

    Adelis Equity Partners has taken a majority ownership stake in Bryntum, a Stockholm-based provider of high-performance web components for scheduling and Gantt charting. Bryntum's founder Mats Bryntse will remain CEO and a significant owner as Adelis supports product development, scaling of operations, and international growth.

  • Adelis Equity Partners Forms Circura Danmark with Four Danish Rehabilitation Contractors
    February 26, 2025
    Buyer
    Adelis Equity Partners, Circura Danmark A/S
    Target
    Arne Pedersen A/S, Lundbæk & Hansen Bygningsforbedring A/S, LKA Entreprise A/S, Egon Olsen & Søn A/S
    Industry
    Construction
    Location
    Denmark
    Type
    Buyout

    Adelis Equity Partners has partnered with four owner-led Danish rehabilitation and construction firms — Arne Pedersen A/S, Lundbæk & Hansen Bygningsforbedring A/S, LKA Entreprise A/S and Egon Olsen & Søn A/S — to establish Circura Danmark A/S, a platform group focused on building improvement and rehabilitation across Denmark. The combined group generates approximately DKK 750 million in revenue and about 400 employees, and plans to expand across Denmark through organic growth and further acquisitions.

  • Adelis Takes Minority Stake in Group Formed by Crowe Osborne, Frejs Revisorer, RSM Göteborg and Qrev
    January 20, 2025
    Buyer
    Adelis Equity Partners
    Target
    Crowe Osborne AB, Frejs Revisorer AB, RSM Göteborg, Qrev AB
    Industry
    Accounting & Tax
    Location
    Sweden
    Type
    Growth capital

    Four Swedish audit firms — Crowe Osborne, Frejs Revisorer, RSM Göteborg and Qrev — have formed a joint group to invest in digitalization, quality assurance and employee development. Adelis Equity Partners will become a minority owner to support strategic investments and growth (including add-on acquisitions); the combined group reports roughly SEK 400m in revenues and more than 200 employees, and the transaction is expected to close in February 2025.

  • Adelis Equity Partners Acquires Majority Stake in IonOpticks
    September 10, 2024
    Buyer
    Adelis Equity Partners
    Target
    IonOpticks
    Industry
    Biotechnology
    Location
    Victoria, Australia
    Type
    Buyout

    Adelis Equity Partners has taken a majority, controlling stake in IonOpticks, a fast-growing developer and manufacturer of high-performance chromatography solutions for LC‑MS proteomics. The founders and management are co-investors; the investment will fund IonOpticks' global expansion, product development, and support future acquisitions as the company scales its commercial footprint.

  • Adelis Equity Partners Acquires Majority Stake in SeaCross
    August 1, 2024
    Buyer
    Adelis Equity Partners
    Target
    SeaCross
    Seller
    Founders and existing shareholders
    Industry
    Aerospace & Defense
    Location
    Sweden
    Type
    Buyout

    Adelis Equity Partners has acquired a majority stake in SeaCross, the Swedish provider of high-speed maritime navigation software, adding the company to Adelis' newly formed defence technology group. The transaction closed in August and will support SeaCross' growth and product development while founders and management remain shareholders.

  • Adelis Equity Partners Acquires Majority Stake in Bruhn NewTech
    June 28, 2024
    Buyer
    Adelis Equity Partners (Adelis Equity Partners Fund III AB)
    Target
    Bruhn NewTech
    Industry
    Software
    Location
    Capital Region of Denmark, Denmark
    Type
    Buyout

    Adelis Equity Partners (via Adelis Equity Partners Fund III AB) has acquired a majority stake in Danish CBRN knowledge-management software provider Bruhn NewTech, with the deal closing on June 28. The investment is the first step in Adelis’ plan to build a European defense-focused technology group and will support Bruhn NewTech’s global growth and product development.

  • Presto Acquires Jockel Brandschutztechnik Service GmbH
    August 2, 2023
    Buyer
    Presto AB, Adelis Equity Partners
    Target
    Jockel Brandschutztechnik Service GmbH
    Industry
    Industrial Services
    Location
    North Rhine-Westphalia, Germany
    Type
    Addon

    Presto AB, the Adelis-backed Nordic fire safety and compliance services leader, has acquired Jockel Brandschutztechnik Service GmbH, the German market leader in fire safety. The transaction makes Presto the leading safety services group in Europe (pro forma ~SEK 2.7 billion revenue and ~1,500 employees); majority owner Adelis Equity Partners is providing additional capital to support continued growth and consolidation.

  • Adelis Equity Partners Acquires Majority Stake in Aderian Group
    December 9, 2022
    Buyer
    Adelis Equity Partners
    Target
    Aderian Group
    Seller
    Entrepreneurs and existing management / shareholders
    Industry
    IT Services
    Location
    Sweden
    Type
    Buyout

    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.

  • Adelis Equity Partners Acquires Majority Stake in Avidly
    September 30, 2022
    Buyer
    Adelis Equity Partners
    Target
    Avidly
    Seller
    Avidly shareholders
    Industry
    Marketing & Advertising
    Location
    Uusimaa, Finland
    Type
    Buyout

    Adelis Equity Partners has become the majority shareholder in Avidly following a successful recommended public cash tender offer that closed in September 2022 (98% acceptance after a subsequent offer period). Avidly, a Helsinki-headquartered marketing-technology (MarTech) service provider and leading HubSpot partner with ~280 employees across 18 locations, will be supported by Adelis to accelerate organic growth and pursue strategic acquisitions across regions.

Related Acquisition Pages

Construction Buyers & Acquisitions 3 tracked deals by Adelis Equity Partners. Marketing & Advertising Buyers & Acquisitions 3 tracked deals by Adelis Equity Partners. Software Buyers & Acquisitions 3 tracked deals by Adelis Equity Partners. Cloud & SaaS Buyers & Acquisitions 2 tracked deals by Adelis Equity Partners. Acquisitions in California 1 tracked deal by Adelis Equity Partners. Acquisitions in Virginia 1 tracked deal by Adelis Equity Partners.

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