- Newground has grown revenue by 19% a year since 2014, passing SKr500m in turnover
- Existing Newground shareholders will reinvest significantly and remain large shareholders after the deal
- Adelis plans to back further specialist acquisitions and organic growth for the platform
Adelis Equity Partners has agreed to acquire a majority stake in Newground, an alliance of independent specialist consultancies, with existing shareholders reinvesting significantly and remaining large shareholders after the transaction.
Newground operates as a platform bringing together 15 specialist companies with more than 300 consultants. Since 2014, the alliance has grown annual revenue by 19 percent, reaching more than SKr500 million ($51 million; €44 million) in turnover.
The partnership is intended to support continued development of Newground’s existing businesses, the addition of complementary specialist companies, and an expansion of capabilities. Adelis brings experience supporting business growth through both organic development and strategic acquisitions.
The transaction is expected to close in November 2026, subject to regulatory approvals.
Editor’s note: This news brief was produced with the assistance of artificial intelligence.