Goldman Sachs Asset Management-backed Advania to acquire Valtti from Adelis Equity Partners.

Goldman Sachs Asset Management-backed Advania, an information technology firm, agreed to acquire Valtt, a provider of cloud and information technology consulting services, from Adelis Equity Partners, a private equity investment firm. Financial terms were not disclosed. "It’s a great pleasure to join forces with Atte and the team in Finland. Our future vision is aligned, both on culture and business, that allows us to build a strong mid-market player in Finland where our number one focus is our customers. We see significant opportunities in the Finnish market and with this combination we can deliver a broader and deeper offering to our current and new customers," Mikael Noaksson, Advania CEO.