Adelis Equity Partners has agreed to acquire a majority stake in Newground, an alliance of 15 specialist consultancies with over 300 consultants. Existing shareholders will reinvest significantly and remain large stakeholders post-transaction. Newground has grown revenue by 19% annually since 2014, surpassing SKr500m ($51m; €44m) in turnover.

Adelis plans to support further specialist acquisitions and organic growth for the platform. The deal aims to expand capabilities and add complementary businesses. Adelis brings experience in growth through organic development and strategic acquisitions.

The transaction is expected to close in November 2026, subject to regulatory approvals. This news brief was produced with AI assistance.