ADELIS ADVISORY AB II
ADELIS ADVISORY AB II is a Series C+ and buyout fund in Nordic region and DACH region investing in business-services, tech-and-software and healthcare-and-life-sciences.
- Stages
- Series C+, buyout
- Sectors
- business-services, tech-and-software, healthcare-and-life-sciences
- Invests in
- Nordic region, DACH region
- Round role
- Leads rounds
- Actively investing
- Yes
- Founded
- 2012
- Assets under management
- €4.5B
Check size not disclosed
Thesis
Adelis Equity Partners is a private equity firm founded in 2012 that focuses on acquiring majority stakes in small to medium-sized companies across Northern Europe, with revenues between €10–300 million. Their investment strategy centers on partnering with ambitious entrepreneurs and management teams to build market-leading companies, often through organic expansion and strategic acquisitions. They provide capital, expertise, and network to support companies in realizing their growth vision, which can involve industry consolidation, digitalization, staff growth, and international expansion. The firm's core focus sectors are Business Services, Tech & Software, and Healthcare & Life Sciences. They manage approximately €4.5 billion in capital. Adelis Equity Partners Fund II closed in June 2017 with €600 million, Fund III AB closed in November 2021 with approximately €932 million, and Fund IV AB was raised in 2025 with €1.6 billion. Adelis Equity Partners Fund II specifically targets the Nordic lower mid-market with enterprise values between €20 million and €200 million.
Common questions
Does ADELIS ADVISORY AB II invest at the Series C+ stage?
Yes. ADELIS ADVISORY AB II lists Series C+ and buyout among the stages it invests in.
Where does ADELIS ADVISORY AB II invest?
ADELIS ADVISORY AB II invests in Nordic region and DACH region.