M&A Deal Summary

Adelis Equity Partners Acquires itm8

On June 30, 2016, private equity firm Adelis Equity Partners acquired information technology company itm8

Acquisition Highlights
  • This is Adelis Equity Partners’ 1st transaction in the Information Technology sector.
  • This is Adelis Equity Partners’ 4th transaction in Denmark.
Investment Fate
  • itm8 was sold to a consortium of financial buyers in 2018.
  • itm8 was sold to a consortium of financial buyers in 2022.

M&A Deal Summary
Date 2016-06-30
Target itm8
Sector Information Technology
Buyer(s) Adelis Equity Partners
Deal Type Buyout (LBO, MBO, MBI)

Target

itm8

Herning, Denmark
itm8 is a provider of IT outsourcing focused at smaller businesses. itm8 provides services which allow SMEs to move their IT infrastructure and operations into the cloud, as well as providing end user support and consulting as part of a full-service IT offering. itm8 was founded in 2003 and is based in Herning, Denmark.

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Buyer(S) 1

Buyer

Adelis Equity Partners

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 2012
PE ASSETS 2.0B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Adelis Equity Partners is a private equity firm focused on acquiring middle-market Nordic companies. The Firm pursues businesses valued up to €200 million with revenue of €10 to €300 million. Sectors of interest include business services, niche industrials, consumer, and healthcare services. Adelis Equity Partners was formed in 2012 and is based in Stockholm.

DEAL STATS #
Overall 9 of 37
Sector (Information Technology) 1 of 8
Type (Buyout (LBO, MBO, MBI)) 6 of 26
Country (Denmark) 4 of 8
Year (2016) 3 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-03-30 SSI Diagnostica

Hillerod, Denmark

SSI Diagnostica is a Nordic manufacturer and distributor of in vitro diagnostic products servicing microbiological laboratories and pharma companies globally. Internationally, SSI Diagnostica sells high-quality antisera, rapid tests, and other diagnostic products. SSI Diagnostica was founded in 2016 and is based in Hillerod, Denmark.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2017-03-01 Nordentic

Malmö, Sweden

Nordentic is a provider of dental lab services in Scandinavia, with twelve dental labs in Sweden and one in Denmark. Nordentic AB offers a complete range of dental prosthetics to more than 2000 dentists in public and private dental clinics. Nordentic was founded in 2016 and is based in Malmö, Sweden.

Buy -
Mergr

Product

Company

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