Adelis Equity Partners, via Adelis Fund II, exits Presto and HVD Group to a Continuation Vehicle led by HarbourVest Partners alongside Adelis Fund III
Adelis Equity Partners (“Adelis”) has raised a Continuation Vehicle to invest in Presto AB (“Presto”) and HVD Group (“HVD”, f.k.a. Hantverksdata), two portfolio companies in Adelis Equity Partners Fund II (“Adelis Fund II”). The Continuation Vehicle, which was led by HarbourVest Partners ("HarbourVest"), will invest alongside Adelis Equity Partners Fund III (“Adelis Fund III”) and the Adelis team.Presto is the leading European player within fire safety and compliance services, having recently entered Germany through the acquisition of Jockel Brandschutztechnik Service GmbH, the German