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New Deal


Announced

Completed

Adelis Equity Partners led a $31m funding round in Hedvig.

Financials

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Transaction Value£26m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Single Bidder

Acquisition

Completed

Majority

Domestic

Friendly

insurance

Sweden

Private Equity

Insurance Brokers

Private

Synopsis

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Adelis Equity Partners, a private equity firm, led a $31m funding round in Hedvig, an insurance company, with participation from SEB and Nicklas Storåkers. “Following this transaction, Hedvig will leave the startup phase, and with a fully capitalized business plan we will execute on a more focused growth strategy whilst reaching profitability. As part of the strategy, I am very happy to welcome Adelis as a strong and experienced growth partner,” Lucas Carlsén, Hedvig CEO and Co-Founder.

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