Announced
Completed
Financials
Sources
Tags
Completed
Acquisition
Majority
Single Bidder
Digital Services
digital performance management
Private Equity
Private
Friendly
Norway
Synopsis
Private equity firm Adelis Equity Partners completed the acquisition of Red Ocean Technology, a Nordic digital performance management company. Financial terms were not disclosed. "We see substantial opportunities for expansion and know that Adelis has extensive experience in accelerating IT companies’ growth. That is why we have invited Adelis to become our new majority shareholder," Philip Duns, Red Ocean CEO.
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