EQT and Adelis completed the investment in Monterro-backed Next One Technology and HVD Group.

Private equity firms EQT and Adelis completed the investment in Monterro-backed Next One Technology, a provider of construction project management software, and HVD Group, a provider of cloud-based end-to-end field service management and enterprise resource planning software. Financial terms were not disclosed. "Next and HVD Group have an exciting and complementary fit. Not only from a product perspective, but also in terms of the culture and people, having followed Mikael and his team over the recent years. We are also confident that a combined offering will continue to drive our already high customer satisfaction, as we together with HVD Group will be able to offer an even more comprehensive product to our end users," Johan Jarskog, Next CEO.