Ratos, a private equity conglomerate firm, agreed to acquire a 70% stake in Knightec, a provider of technology and digitalization consulting services, from Adelis Equity, a private equity firm, for $112m. “I am impressed by Knightec’s development in recent years, and Ratos is proud to have been entrusted to enter into a partnership with CEO and co-founder Dimitris Gioulekas and thereby contribute to the company’s continued growth. Knightec currently holds a strong position in the market and is an excellent start to our focus on this sector, which will be an important area for Ratos going forward. Through this acquisition, we will gain exposure to the growing consultancy industry, where we already have solid experience,” Jonas Wiström, Ratos President and CEO.