Adelis exits Quattro Mikenti Group (”QMG”)
Adelis Equity Partners Fund I AB (“Adelis”) sells its majority stake in the technical installation group Quattro Mikenti Group to KLAR Partners, which already owns the Sandbäckens Group in Sweden.Adelis invested in the Quattro Mikenti Group in 2017 together with the company's management and key personnel. During Adelis' ownership, the Group's revenues in Finland have doubled from approximately EUR 100 million to approximately EUR 200 million and EBIT has increased approximately fivefold. At the same time, services share of total revenue has grown significantly to more than 50 percent of