Searchlight Capital Partners has acquired Aderian Group from Adelis Equity Partners

Aderian Group

Aderian Group is a leading Nordic managed IT services provider serving more than 10,000 SME customers across Sweden and Norway. The company provides a comprehensive suite of mission-critical IT services, including modern workplace, cloud and infrastructure, networking, cybersecurity, data & AI, consulting and hardware lifecycle services. Founded in 2022, Aderian has rapidly scaled through a combination of organic growth and more than 30 strategic acquisitions, reaching approximately SEK 2.5 billion in revenue and more than 850 employees. Aderian operates a differentiated model combining the capabilities and resources of a scaled platform with the customer proximity and market knowledge of locally led businesses.

The Deal

Lincoln International acted as exclusive buy-side financial advisor to Searchlight Capital Partners in connection with its investment in Aderian Group and also advised Searchlight on the acquisition financing supporting the transaction. Lincoln provided comprehensive advice throughout the process leveraging our deep sector expertise to support Searchlight’s underwriting of the investment case and assessment of Aderian’s long-term value creation potential.

The investment provides Aderian with a long-term partner to support its next phase of growth, including further development of its service capabilities and continued Nordic expansion through both organic growth and strategic acquisitions. Aderian’s management team reinvested alongside Searchlight and remains a meaningful shareholder in the company.

Our Perspective

Thomas Wrangsjö, Managing Director who led the transaction, commented, “It has been a pleasure to support Searchlight Capital Partners on its investment in Aderian Group. Aderian has established a strong position in the Nordic managed IT services market, underpinned by a differentiated operating model, long-standing customer relationships and a comprehensive suite of mission-critical IT services. We are proud to have supported Searchlight throughout the transaction and believe the partnership provides a strong foundation for Aderian’s continued growth, both across the Nordics and through further expansion into selected European markets. We look forward to following the continued development of the group.”

Aude Doyen, Managing Director & Co-Head of Capital Advisory in Europe, commented, “A key focus was ensuring the financing did not constrain the investment case. We secured a competitive package with meaningful capacity to support Aderian’s continued buy-and-build strategy while delivering a signed senior facilities agreement within eight days of exclusivity.”

Adelis Equity Partners

Adelis Equity Partners is a Nordic private equity firm focused on partnering with well-positioned companies in growth segments across the Nordic region. Adelis became the majority shareholder of Aderian in 2022 and has supported the company’s rapid development into a leading Nordic managed IT services platform through a combination of organic growth and strategic acquisitions.

Searchlight Capital Partners

Searchlight Capital Partners is a global private investment firm with approximately $17 billion in assets under management and offices in London, New York, Miami and Toronto. The firm partners with management teams to build market-leading businesses across its core sectors of telecommunications, media, business, industrial and financial services, leveraging its sector expertise, flexible investment approach and global network to support long-term value creation.

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