Adelis Equity Partners’ portfolio company Nordomatic acquires dominus

Adelis Equity Partners, a leading private equity firm focusing on the Nordic lower middle market, today announced the acquisition of dominus A/S, a leading Danish building management systems company, from Trefor A/S.

The acquisition was made via the portfolio company Nordomatic, which was acquired by Adelis Equity Partners in March 2016. Nordomatic has developed from being a Stockholm-focused business to becoming a leading specialist within building automation with presence in eleven cities in Sweden. The merger with dominus A/S is part of a strategy to create a leading Nordic player within the area of ‘smart buildings’.

The merging companies will have a turnover of approximately SEK 500m and 250 employees.

Nordomatic AB is a Stockholm-based leading provider of energy-efficient smart building solutions to property owners and general contractors. Nordomatic has 175 employees, a revenue of SEK 330m and offices in Stockholm, Solna, Södertälje, Linköping, Norrköping, Jönköping, Kalmar, Växjö, Borås, Göteborg and Malmö.

Founded in 1997 by the Juul family, dominus A/S is one of the leading suppliers of building management systems in Denmark. dominus has 72 employees and offices in Herning, Aarhus, Aalborg, Kolding and Copenhagen.

Adelis Equity Partners was founded in 2012 with the goal of becoming the pre-eminent private equity firm focused on the Nordic lower middle market. Adelis has invested in over 50 companies, and its employees are active on more than 50 boards. Adelis’ current fund size is SEK 3.7bn.

Bruun & Hjejle acted as legal counsel to Adelis Equity Partners and Nordomatic AB.