Adelis exits its investment in Kanari
Adelis Equity Partners Fund II (“Adelis”) divests its majority stake in Kanari, the Nordic leader in observability solutions to Conscia. Conscia is a leading European IT service provider.Adelis invested in Kanari in July 2020 with the goal of creating a Nordic leader within observability. Over four years, Kanari has strengthened its offering to encompass a range of observability tools, and further expanded its geographic footprint through the acquisition of Moonskye. Kanari has grown its recurring Managed Service revenue by over 100% over Adelis’ ownership period. ”Michael Breen and the