Aceve — Building a pan-European SaaS provider in construction and skilled trades

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Aceve — Building a pan-European SaaS provider in construction and skilled trades

Adelis Equity · Adelis Equity

Aceve is a pan-European provider of ERP and FSM vertical software to over 22,000 customers in construction and skilled trades across seven countries. Adelis completed 16 add-on acquisitions across Nordics, Germany and Benelux since entry in 2018. Migrated to fully cloud-based solution; recurring revenue increased from 66% to over 90%. 16x growth, 49% annualized. In 2024, Adelis raised a continuation vehicle and welcomed EQT as partner.