Global law firm White & Case LLP has advised Adelis Equity Partners (Adelis) on its acquisition of a majority stake in Axentia.
Founded in 2012, Adelis is a private equity firm with €1 billion in assets under management. Since raising its first fund in 2013, it has acquired 22 companies and made more than 70 add-on acquisitions. Adelis is based in Stockholm, Sweden and also has an office in Copenhagen, Denmark.
Founded in 2004, Axentia is a Swedish leading provider of connected, low-power displays and related software for the public transportation sector.
The White & Case team which advised on the transaction was led by partner Shoan Panahi (Stockholm) and included partners Thierry Bosly (Brussels), Stefan Koch (Frankfurt) and Alexis Hojabr (Paris), local partner Lars Petersen (Hamburg & Berlin), counsel Peter Svanqvist (Stockholm) and associates Sebastian Wallin, Jonas Brandt, Anders Westling, Pontus Grönberg, David Riihonen, Jonas Johansson, Ivana Sutalo, Petar Bojovic, Philip Lindgren Svensson (all Stockholm), Micke Kari (Helsinki), Tiphanie Levassort (Paris) and Philippe Hendrickx (Brussels).
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