Global law firm White & Case LLP has advised Adelis owned HVD Group (Hantverksdata) on EQT’s investment in HVD Group.
Founded in 2012 and based in Sweden, Adelis is a private equity firm managing €2.5 billion in capital. Since raising its first fund in 2013, Adelis has been one of the most active investors in the Nordic middle-market, making 38 platform investments and more than 180 add-on acquisitions.
HVD Group has more than 300 employees, over SEK 500 million in revenues and 50 years of experience providing software to tradespeople in installation, services and construction. The company has a presence in Sweden, Finland, Norway, Denmark and Germany.
The White & Case team in Stockholm which advised on the transaction was led by partner Shoan Panahi and included associates Sebastian Wallin, Anders Westling, Filip Karlsson, Even Wiborg Nordsletten, Denise Sparremo and Siavash Saberian.
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