Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
Adelis Equity acquires a majority stake in DataCenter Finland
December 5, 2018

DataCenter Finland has been growing to one of Finland’s largest cloud service providers in recent years. To expand further, Adelis Equity has acquired a majority stake position in the company. Together, their main target is to become the leading IT-company focusing on medium-sized Finnish companies. This will be done by a.o. major acquisitions. DataCenter Finland reported a turnover of EUR 20m and EBIT of EUR 1.2m in 2018. The deal value is undisclosed.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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