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AddPro company logo
Corporation
COMPUTER HARDWARE & SERVICES | IT Services
addpro.se

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Founded Year

2000

Stage

Acq - Fin - IV | Alive

Revenue

$0000 

About AddPro

AddPro is an IT firm specializing in application and cloud integration services.

AddPro Headquarter Location

Malmo,

Sweden

Latest AddPro News

Axcel’s Acquisition Of AddPro

Jul 6, 2020

White & Case LLP has advised Adelis Equity Partners (Adelis) on its sale of AddPro to Axcel. Founded in 2012, Adelis is a private equity firm focused on the Nordic lower market with €1 billion in assets under management. Since raising its first fund in 2013, it has acquired 21 companies and made more than 70 add-on acquisitions. Adelis is based in Stockholm, Sweden and also has an office in Copenhagen, Denmark. Established in 2000, AddPro is a Sweden-based IT services provider. Adelis invested in AddPro in 2017 with the goal of creating a leader in application, cloud computing and managed services. Since Adelis’ investment, AddPro has continued to grow and generated revenue of approximately SEK 800 million during 2019. The White & Case team which advised Adelis on the transaction was led by partner Shoan Panahi (Stockholm; Picture) and included associates Sebastian Wallin, Jonas Johansson, Pontus Grönberg, Ivana Sutalo (all Stockholm) and Louise Lundberg (Brussels).

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