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Transactions / Newground

Adelis partners with Newground to support its next phase of growth

Majority investmentannouncedannounced Sep 15, 2026Fact
What happened
Target
Newground
Platform
not an add-on on record
Control
Control
Share acquired
unknown
Industry
unknown
Target location
unknown
Seller kind
unknown
Rollover
unknown
Values, only where disclosed
Enterprise value
Not disclosed
Purchase price
Not disclosed
Equity value
Not disclosed
Target revenue
Not disclosed
Target EBITDA
Not disclosed
Multiple
Not disclosed
Parties and roles
3 named
Buy side
  • Adelis Advisory IV AbSponsorconfirmed
    Adelis Equity Partners (“Adelis”) has agreed to acquire a majority stake in Newground, the alliance that builds and backs specialist consultancies. | published on Adelis Advisory's own news page news.cision.com
Side not stated
  • Per AppelgrenManagementconfirmed
    Our ambition is to build a leading specialist consulting alliance without compromising what makes our companies strong,” says Per Appelgren, Managing Partner at Newground.
  • NewgroundTargetconfirmed
    Adelis Equity Partners (“Adelis”) has agreed to acquire a majority stake in Newground, the alliance that builds and backs specialist consultancies.
Evidence
Adelis Equity Partners (“Adelis”) has agreed to acquire a majority stake in Newground, the alliance that builds and backs specialist consultancies.
Adelis partners with Newground to support its next phase of growth | Private Equity Intelligence | DFX