Adelis Equity Partners

Hedvig AB is an insurance provider based in Stockholm, Sweden, established in 2016. The company specializes in a range of insurance products, including home and contents insurance, as well as travel, accident, and car insurance. Hedvig offers a modern and customer-centric approach to insurance, focusing on providing a seamless experience with fast claims processing. Since its launch, Hedvig has expanded its presence across all Scandinavian countries, positioning itself as an EU-licensed carrier dedicated to enhancing the insurance experience for its clients.

netIP provides IT solution.

Westpack A/S is a manufacturer and supplier of high-quality, custom-made packaging solutions for the jewelry, watch, and eyewear markets. The company offers a diverse range of products, including jewelry boxes, displays, pouches, bags, and various packaging accessories such as ribbons and gift-wrapping materials. Its clientele includes jewelry shops, wholesalers, goldsmiths, and manufacturers, serving both online and physical retailers across Europe. Founded in 2001 and headquartered in Holstebro, Denmark, Westpack maintains sales offices in several European countries, including the United Kingdom, Sweden, and Germany. The company is recognized as a market leader in the specialist packaging sector, providing tailored solutions to meet the needs of small, medium, and large brands.

Pixelz is a provider of product image editing services designed for online retailers, bloggers, designers, photographers, and website developers. Established in January 2009 and based in San Francisco, California, the company offers various service packages, including SOLO, PRO Retailer, Pro Studio, and API, with pricing determined by the number of images processed. Pixelz aims to enhance photo studio workflows for brands and e-commerce retailers, providing tools that facilitate the creation and editing of customized images. By optimizing image quality, Pixelz helps clients improve their marketing efforts and boost online conversion rates.

Valamis Learning Experience Platform is an award-winning solution developed in cooperation with our customers. Valamis enables formal, informal, social, and microlearning, content authoring and management tools. Valamis gives users an access to in-depth analytics in their learning process by supporting the xAPI standard and a built-in Learning Record Store (LRS). The platform offers organizations an economic way to upskill their workforce and manage learning and development globally.

Säkra Limhamn AB is one of Sweden's largest independent chains in insurance brokerage, fund investing and financial advice.

Kanari is an independent provider that works as an “auditor” of the whole IT Group. Kanari enables enterprises to get control of their IT infrastructure and the quality of their IT deliveries through IT performance solutions.

Axentia Technologies AB, founded in 2004 and based in Linköping, Sweden, specializes in the manufacture and supply of autonomous real-time display systems tailored for public transport. The company develops cutting-edge display solutions that provide real-time information services, including features such as text-to-speech and digital timetables. Additionally, Axentia Technologies focuses on low-power electronics design and mobile network communication, which enables the effective operation of its display systems. Beyond public transportation, the company also creates cost-effective alarm systems for rescue organizations, highlighting its commitment to innovative technology in both public safety and transit information.

Ropo Capital is a provider of comprehensive invoice management services that encompasses the entire receivables lifecycle, from invoice delivery to payment monitoring and management. The company specializes in automating the billing process, allowing clients, which range from small businesses to large corporations, to streamline their operations. Unlike competitors that focus on isolated aspects of invoicing, Ropo Capital offers an integrated solution that enhances efficiency and accelerates cash flow. By leveraging digitized processes and agile business models, Ropo Capital helps clients reduce manual tasks, thereby improving overall customer experience and financial outcomes. The company is known for its stability and strength while maintaining agility in its service delivery.

Didriksons AB, founded in 1913 and based in Borås, Sweden, specializes in manufacturing and supplying functional clothing and oil garments. Initially established as a producer of workwear for fishermen, the company has evolved into a leading brand in Scandinavia, offering a wide range of waterproof sportswear, jackets, tops, bottoms, coveralls, and accessories for women, men, youth, and children. Didriksons caters to various outdoor enthusiasts, including hunters, golfers, and fishermen, ensuring their customers remain dry and comfortable in all weather conditions. The company's products are primarily sold through retail stores in Sweden.

Hantverksdata Sverige AB specializes in developing and supplying software and services tailored for the construction and service sectors across the Nordic region. Founded in 1971 and based in Danderyd, Sweden, the company has over 45 years of experience in marketing ERP systems specifically for the building services industry. Hantverksdata offers management software designed for various trades, including electrical, plumbing, painting, and glass, as well as industrial solutions related to alarms, flooring, and lifts. The software features capabilities such as time planning, business modeling, staff management, and construction site monitoring, which help project managers enhance performance and quality. With a workforce of around 100 employees and a customer base of approximately 4,000 corporate clients, Hantverksdata serves around 35,000 users, demonstrating its significant presence in the market. The company's annual turnover is approximately SEK 165 million.

Generaxion is a leading digital marketing and consultancy firm based in Northern Europe, specializing in the digital transformation of businesses. With a team of over 350 skilled professionals operating across ten Demand Studios in Scandinavia, the company delivers tailored marketing solutions to small and medium-sized enterprises. Generaxion focuses on analyzing various marketing channels and providing local insights, ensuring that clients receive customized strategies that align with their unique needs. Having successfully driven demand for more than 8,000 companies, Generaxion is dedicated to helping businesses achieve their goals and realize their aspirations through effective digital marketing.

Nordentic is a manufacturer and designer of dental implants, operating dental laboratories in Sweden, Norway, and Denmark. The company focuses on dental technology, offering a range of products including fixed and removable prosthetics, implants, and orthodontics. By leveraging advanced technologies and materials, Nordentic provides high-quality solutions that enable dentists to address intraoral defects, such as missing teeth and structural issues within the jaw and palate. With a skilled team, Nordentic aims to deliver expertise across various areas of dental prosthetics, ensuring effective and innovative dental care solutions.

AddPro is a knowledge-based company specializing in application and cloud integration services for businesses of all sizes. The company provides a range of offerings, including IT infrastructure, security, communication solutions, cloud services, and hardware and software consulting. By focusing on digital innovation, AddPro aims to help organizations transform their operations and enhance their efficiency through the development of smart, flexible, and cost-effective IT systems.

Knightec provides technology and management consultants, looking for innovations that simplify and improve everyday life.

Quattro Mikenti Group is a prominent engineering contractor based in Finland, specializing in technical building services. The company operates through 13 specialized subsidiaries and employs over 450 professionals in the field. It offers a comprehensive range of services, including HVAC, plumbing, electrical, refrigeration, sprinkler installation, and security technology, catering to residential, commercial, industrial, and healthcare sectors. By partnering with developers and major construction firms, Quattro Mikenti Group ensures that projects are completed efficiently and within budget. Its extensive expertise and commitment to quality make it one of the largest technical building services contractors in Finland.

The combination of IT Relation, Front-data and DSI-NEXT, we have made four investments and three add-on acquisitions in Denmark since establishing Adelis less than three years ago. We are impressed by the three companies’ niche focus on small businesses, their consistent growth, and their strong cultures that make them leaders in this industry,” said Steffen Thomsen of Adelis. “This acquisition creates a strong platform for growth. We have experience with similar companies where we have focused on finding the best platform in terms of a scalable business model combined with a strong company culture and a skilled management team,” Joel Russ of Adelis added. ###The three businesses will continue activities under their own brands as part of the IT Relation Front-data Group### and have access to capital and knowledge that will make it possible to accelerate their positive business development.

SSI Diagnostica A/S, founded in 1998 and based in Hillerød, Denmark, specializes in the development, production, and sale of in vitro diagnostic products. The company's offerings cater to clinical microbiology, veterinary diagnostics, food safety, and environmental and hygiene control, serving both domestic and international markets. SSI Diagnostica's product range includes antisera and culture media produced in its own facilities, as well as blood products sourced from its own farm. Originally an independent unit of Statens Serum Institut, a public enterprise under the Danish Ministry of Health, the company has established a global presence with its innovative diagnostic solutions.

Nordomatic is a Swedish company founded in 1967, recognized as a pioneer in providing brand-independent solutions for the real estate market. The company specializes in building management systems (BMS), energy optimization services, and system integration. By offering advanced control and monitoring systems, Nordomatic plays a crucial role in reducing energy consumption and enhancing indoor climates for property owners in Scandinavia. The company prides itself on its expertise and innovative approach, continuously advancing its services to meet the evolving needs of the real estate sector.

Puuilo, a mid-sized non-food retailer offering small hardware, gardening products, tools, machinery, leisure products, pet products, detergents and seasonal products.

INTERSPORT Sverige AB owns and operates sports apparel and equipment stores. The company was founded in 1974 and is headquartered in Taberg, Sweden.

Med Group Oy is a healthcare company that provides ambulance, medical, oral healthcare, and home care services in Finland. The company offers ambulance and paramedic services that include responding to emergency medical care requests forwarded to by the emergency response center, as well as providing non-emergency paramedic services and patient transfers; and medical services for various fields of health care, such as basic health care, school health care, maternity clinics and child health care, home care, and care for elderly patients.

Green Team Group specializes in the cultivation and distribution of Christmas trees and related services. The company employs a unique stratification system that optimizes the seeding process to enhance germination rates in the field. This approach allows Green Team Group to provide customers with robust and high-quality plants at competitive prices. In addition to tree cultivation, the company offers decoration services, catering to the needs of customers during the holiday season.

NGI A/S manufactures a range of machine feet in stainless steel and reinforced polyamide for adjustment, stabilization, and vibration absorption of all types of machines and equipment.

Logent is a contract logistics company based in Stockholm, Sweden, specializing in a comprehensive array of logistics solutions. The company provides logistics operations, transport management, and customs services, alongside staffing and recruitment for roles in warehousing, distribution, industry, and administration. Additionally, Logent recruits executives and specialists in supply chain management, procurement, and logistics. Their offerings extend to consultancy, port and terminal development, and training services, making them a versatile player in the logistics sector.

European IT Consultancy (EITCO) is a leading independent digitalization consultancy and solutions provider with over 45 years of IT project experience. We are dedicated to developing tailored IT solutions that maximize value for clients in sectors such as public administration, industry, and research. EITCO operates through specialized business divisions, including Public Sector Digitalization, Enterprise Content Management (ECM), and bespoke IT services for industries. Our goal is to address the specific needs of each sector, helping organizations effectively implement their digital transformation strategies. Our services encompass agile software development, application management, data and system migration, and digital tools such as document management systems, electronic signature platforms, and workflow automation. These solutions are designed to streamline processes, enhance operational efficiency, and ensure better data and content management for clients in the public, industrial, and research sectors. With headquarters in Berlin, Essen and Bonn, EITCO leverages its deep expertise to ensure project success from concept through to implementation.