Adelis acquires energy efficiency business Nordomatic

Adelis used its 2012-vintage €410m vehicle, Adelis Equity Partners Fund I, to finance the deal, which saw Nordomatic's management team invest as well.

Announcing the deal, partner Jan Åkesson said the GP planned to grow its new acquisition both within Sweden and across the Nordic region.

Nordomatic CEO Olov Schagerlund and chair Torbjörn Torell will remain in their current roles post-buyout.

Company
Headquartered in Stockholm, Nordomatic is a provider of energy efficiency services to property owners and general contractors.

The company's services focus on commercial properties, offering energy-efficient climate control installation and maintenance, and energy optimisation services.

The company was founded in 1967 and employs 175 people. It generated revenues of SEK 330m last year.

People
Adelis Equity Partners – Jan Åkesson (partner).
Nordomatic – Olov Schagerlund (CEO); Torbjörn Torell (chairperson).

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• Topics
• Buyouts
• Nordics
• Industrials
• Sweden
• Adelis Equity Partners