Adelis Equity Partners

Hedvig AB is an innovative insurance provider based in Stockholm, Sweden, founded in 2016. The company offers a range of insurance products including home, contents, travel, and accident insurance, as well as coverage for personal belongings such as bicycles and mobile phones. Launched in 2018, Hedvig has expanded its services to all Scandinavian countries and operates as an EU-licensed carrier. The company distinguishes itself through a focus on customer service and efficient claims handling, aiming to create a user-friendly experience that resonates with clients.

netIP is a provider of information technology services focused on serving Danish businesses. The company specializes in IT outsourcing, infrastructure management, security solutions, SharePoint services, and consulting. By offering these services, netIP aims to assist clients in making informed decisions, enhancing service quality, and reducing errors in their operations.

Kanari, established in 2011 and headquartered in Oslo, Norway, is a leading provider of IT performance solutions. The company specializes in monitoring, measuring, and analyzing IT infrastructure performance across various sectors such as finance, manufacturing, retail, and energy. Kanari serves large Nordic enterprises by offering stability and performance analytics services, along with application performance monitoring. Through predictive analytics, the company helps clients optimize their IT environments, prevent incidents, and accelerate digital transformation. Kanari operates additional offices in Strand, Sweden; Copenhagen, Denmark; and Helsinki, Finland.

Ordrestyring.dk is a Danish company founded in 2011 by Carsten Rasmussen, based in Copenhagen. The company specializes in providing order management services tailored specifically for craftsmen. Recognizing a gap in the market, Rasmussen developed an hourly management system designed to meet the needs of this sector. Initially, the company attracted a small number of customers willing to test the program during its development phase. Since then, Ordrestyring.dk has grown to serve a wider clientele, offering tools that streamline order management for craftsmen, enhancing their operational efficiency.

Nordentic is a manufacturing and design company specializing in dental implants and prosthetics. Operating across Sweden, Norway, and Denmark, it serves dental laboratories by providing advanced dental technology solutions. The company offers a diverse range of products, including fixed and removable prosthetics, various implant types, and orthodontic products. With a focus on implementing innovative technologies and materials, Nordentic delivers expert solutions that enable dentists to address intraoral defects, such as missing teeth and structural issues within the jaw and palate.

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 is a Danish company that specializes in the development, production, and sale of in vitro diagnostic products. Founded in 1998 and based in Hillerød, Denmark, the company serves various sectors, including clinical microbiology, veterinary diagnostics, food safety, environmental monitoring, and hygiene control. SSI Diagnostica offers a range of products, including antisera and culture media produced in-house, as well as blood products sourced from its own farm. With a commitment to quality and innovation, the company distributes its diagnostic solutions both domestically and internationally, contributing to improved health outcomes across multiple industries.