28. May 2025

ARQIS advised Adelis Equity Partners on the acquisition of a majority stake in European IT Consultancy EITCO GmbH (EITCO), an IT consultancy specialized in enterprise content management (ECM). Through this partnership, private equity firm Adelis is expanding its portfolio in the technology sector and entering the German market. Simultaneously, the acquisition will support EITCO’s organic growth. The focus of further growth will be on expanding the company’s offering, enhancing its capabilities and extending its geographical footprint, therefore building on the strong track record of Adelis. The existing management team of EITCO will remain in place and will be a significant shareholder after the transaction. Further details of the transaction, such as the purchase price, were not disclosed.

Adelis Equity Partners, headquartered in Stockholm, is a leading, growth-focused private equity firm based in the Nordics. Since 2013, Adelis has been one of the most active investors in the Nordic middle-market with 46 platform investments and over 260 add-on acquisitions. Adelis has around € 4.5 billion of capital under management.

European IT Consultancy EITCO GmbH is a leading ECM specialist with headquarters in Berlin. Its clients include public sector organisations, regulatory bodies and enterprises with an increasing demand for digital content and document management. The company, with offices in Berlin, Bonn and Essen and about 200 employed FTEs, offers tailored solutions, based on either its own modern, modular arveo content services platform or leading third-party ECM software products.

An ARQIS team headed by Dr. Jörn-Christian Schulze advised Adelis Equity Partners on the transactional aspects of the acquisition. Private equity forms a key focus of ARQIS’ transactions practice. Adelis instructed ARQIS for the first time in context with this initial German platform transaction.

Advisor to Adelis Equity Partners
ARQIS (Dusseldorf): Core Deal Team: Dr. Jörn-Christian Schulze (lead), Christos Choudeloudis, Katrin Ludwig (Managing Associate, all Transactions), Partner: Thomas Chwalek (Transactions), Dr. Mirjam Boche (Dispute Resolution), Dr. Ulrich Lienhard (Real Estate), Tobias Neufeld (HR Law), Marcus Nothhelfer (IP, Munich), Counsel: Christian Judis (Compliance, Munich), Jens Knipping (Tax), Nora Stratmann (Commercial, Munich), Martin Weingärtner (HR Law), Managing Associates: Rolf Tichy (IP, Munich), Paul Vermeulen (Dispute Resolution), Associates: Ivo Ertekin, Tim Meyer-Meisel, Steffen Schubert (all Transactions), Dr. Lina Alami (Munich), Dr. Tim Weill (both HR Law), Rebecca Gester (Commercial, Munich), Dr. Bernhard Gröhe (Regulatory), Paulina Hüttner (IP, Munich), Lia Papismedova (Real Estate)

Ashurst (Frankfurt am Main): Anne Grewlich, Sabrina Bremer (both lead), Mid Eum Joo, Britta Freitag, Petra Schott (all Financing)

Marck (Dusseldorf): Dr. Georg Schmittmann, Simon Philipp (both Merger Control)