Ashurst advises Adelis Equity Partners on the financing of the majority stake in EITCO GmbH

Ashurst advised Adelis Equity Partners on the financing of the majority stake in European IT Consultancy EITCO GmbH (EITCO). The transaction marks Adelis' successful market entry into Germany and supports the further growth of ECM specialist EITCO. 

Adelis Equity Partners, headquartered in Stockholm, is a leading, growth-oriented private equity firm with approximately 4.5 billion euros in managed capital. With the acquisition of the majority stake in EITCO, Adelis continues its expansion strategy in the technology sector.

EITCO, based in Berlin, is a leading provider of enterprise content management solutions, serving primarily clients from the public sector, regulatory authorities, and companies with high demands for digital content and document management solutions.

The Ashurst team was led by Frankfurt Global Loans partners Anne Grewlich and Sabrina Bremer. They were supported by Senior Associate Mid Eum Joo, Associate Britta Freitag, and Transaction Counsel Petra Schott.