Searchlight Capital Partners has made an investment in Aderian Group, backing the Nordic managed IT services provider as it accelerates expansion across Sweden, Norway and the broader Nordic market.
Aderian’s management team is reinvesting alongside Searchlight and will remain meaningful shareholders in the business.
Aderian provides cloud, cybersecurity, AI and analytics, networking and modern workplace solutions to small and medium-sized businesses.
Since its founding in 2022, the company has grown to approximately SEK 2.5 billion in revenue, more than 850 employees and over 10,000 SME customers across Sweden and Norway.
The company has expanded through a combination of organic growth and more than 30 strategic acquisitions.
Searchlight’s investment is expected to support continued expansion of Aderian’s service capabilities, including its cybersecurity, AI and analytics offerings.
Following Aderian’s expansion into Norway earlier this year, the company also plans to continue building its Nordic presence through additional organic initiatives and acquisitions.
Searchlight brings experience investing in business services companies along with international resources and long-term capital.
The private investment firm manages approximately $17 billion in assets.
Aderian’s previous investor, Adelis Equity Partners, has supported the company’s development from its early stages. Adelis manages approximately €4.5 billion and has completed more than 50 platform investments and over 350 add-on acquisitions since raising its first fund in 2013.
KEY QUOTES:
“This investment is a clear next step and an important milestone for Aderian. Over the past three and a half years, we have built a strong business and established ourselves as a trusted partner to SMEs across Sweden and Norway. With Searchlight’s support, we are well positioned to accelerate our growth, strengthen our capabilities and expand our presence across the Nordic region as we work towards becoming a leading pan-Nordic managed IT services provider, delivering even greater value and service to SMEs across the region. This would not have been possible without our dedicated employees, our local leaders and the trust of our customers. We would also like to thank Adelis and the Aderian board for their continued support.”
Christian Dempe, President and CEO of Aderian
“Christian and his team have built a differentiated business that combines the capabilities and resources of a scaled platform with the customer proximity and market knowledge of locally led teams. That model has positioned Aderian exceptionally well for continued growth across the Nordic region and we look forward to supporting the Company on this journey.”
Giles Marshall, Partner at Searchlight Capital Partners
“We are deeply impressed by what the management team and the local entrepreneurs have achieved during our years together. From an idea to a leading Nordic IT platform in just a few years, it has been a remarkable journey to be part of, built on entrepreneurship, local presence and a strong shared drive. Aderian is exceptionally well positioned for its next phase, and with Searchlight as its new partner, the Company is uniquely placed to continue its journey towards becoming a leading pan-Nordic managed IT services provider.”
Erik Hallert, Partner at Adelis Equity Partners
