We are Adelis Equity Partners

An active partner for management teams and owners
Gruppbild Adelis

Adelis Equity Partners was founded in 2012 with the goal of becoming the pre-eminent private equity firm focused on the Nordic lower middle market. As owners we are knowledgeable, active, transparent and respectful of the specificities of the businesses we invest in. Our name is derived from the latin words for bold (audax) and faithful (fidelis) but also means noble in Germanic. The name symbolizes our approach and is reflected in our work.

Adelis Equity in brief

  • Team of 19 people
  • Nordic investment mandate
  • Stockholm based with office also in Copenhagen
  • Focused on the lower middle market
  • Diverse industry focus
  • AUM of €1 billion

Adelis as an owner

How we work

We ensure a clear alignment of interest between a company’s management, board and owners. Together with management and the board we develop a value creation plan and a long-term road map for the company. We make it clear that it is the management’s responsibility to execute the plan. Adelis contributes through board work and by participating in specific projects.

Adelis is a well-capitalized and experienced owner that is able to provide the financial resources and the expertise required to develop a company in an optimal way. We take a long-term view on our investments and strive to find the most appropriate value creation model in each situation.

We are driven by sound values and principles. Entrepreneurship, creativity, integrity, humility and teamwork are natural parts of our DNA and are reflected in our collaboration with the companies we invest in.

Our investments are made by the Swedish limited liability companies Adelis Equity Partners Fund I AB (SEK 3,690 million) and Adelis Equity Partners Fund II AB (EUR 600 million), which are licensed under the Alternative Investment Fund Manager Directive (AIFMD). The entire Adelis corporate structure is onshore with a Swedish base. The company is owned by current and former employees.

Our collective experience

A solid foundation

The Adelis team was built with a strong focus on entrepreneurship, teamwork, experience and creativity. Our individuals bring together unique and valuable experiences from a diverse group of industries and collectively more than 120 years of investment experience. Further, several of our team members have played significant roles in the building and management of successful investment firms. In total, we have been involved in more than 60 buyouts and held board seats in 60 companies. In addition to our own experience base, we have access to a network of industry experts that provide us with additional depth and breadth in developing the companies we own.

Our investors

Broad and long-term investor base

Our ultimate investors are primarily pension funds, life insurers, foundations and endowments in Europe and North America. Most invest directly into Adelis, others invest indirectly via fund of funds. A sixth of Adelis’ capital comes from Nordic investors, primarily pension funds and life insurance companies.