MCF advised the shareholders of SeaCross on its sale to Adelis Equity’s Defence Technology Group
SeaCross Marine AB (“SeaCross”), the leading international provider of navigation software for high-speed marine operations, has entered a partnership with Adelis Equity, marking the second investment in Adelis’ recently established defense technology group.
MCF advised the owners of SeaCross in reviewing their strategic options and ultimately finding the right partner for the company’s growth journey. This transaction enhances MCF’s strong track record in the defence and technology sectors, showcasing our expertise in advising owners on structured sell-side transactions that deliver optimized outcomes.
The Deal
The acquisition of SeaCross marks the second investment in the newly established defence technology group backed by Adelis Equity and partners. The group consists of leading niche software and technology companies in the defense sector and aims to support Western and democratic countries in protecting people and societies, as well as to support small- to mid-sized defense companies scale and develop. With the support from Adelis, SeaCross will continue to invest in and develop its software and cutting-edge capabilities that enable mission success for professional high-speed vessel operators worldwide.
About SeaCross Marine AB
Born in Scandinavia, SeaCross develops, implements, and maintains advanced high-speed marine navigation systems and is the leading international player in its niche market. Since the first product launch in 2006, the SeaCross system has evolved into a platform with unique functionality specifically designed for the most demanding environments and end users. The company serves customers across the globe and holds a strong position in the defense market.
About Adelis Equity
Adelis is a growth partner for well-positioned companies in the Nordic and DACH regions. Adelis partners with management and/or owners to build businesses in growth segments and with strong market positions. Since raising its first fund in 2013, Adelis has been one of the most active investors in the Nordic middle-market, making 42 platform investments and more than 230 add-on acquisitions. Adelis manages approximately €3 billion in capital.
Get in touch
This successful transaction underscores the rapidly growing investor appetite in companies active in defence technology and related industries. This growing demand is driving higher valuation levels and unlocking a range of strategic opportunities for entrepreneurs and business owners.
We recognize that these developments present companies with multiple strategic considerations. With this in mind, MCF’s experienced sector team would be delighted to get to know you and your business. We are keen to share our insights into the defence technology market and explore how we can deliver strategic value for you. Please reach out to one of the deal team for more information or find our contact details here.
