Transaction

Strategic refinancing to accelerate AdEx Partners' growth trajectory in partnership with Capvis

Transaction

Strategic refinancing to accelerate AdEx Partners' growth trajectory in partnership with Capvis

Refinancing

Undisclosed

Role

Adviser to AdEx Partners on a strategic refinancing to support its next phase of growth in partnership with Capvis

Sector

Tech & Tech Services

Region

Germany

We have advised AdEx Beratungs GmbH (AdEx Partners), a leading management and IT consulting business focused on complex business transformation in digitalisation and IT. The refinancing replaces the existing acquisition financing put in place at the time of Capvis' initial investment with a new, optimised debt structure designed to provide enhanced flexibility and dedicated acquisition capacity. This positions AdEx Partners to accelerate its buy-and-build strategy and drive further growth across key European markets.

AdEx Partners is a partner-led management and IT consulting firm and trusted adviser to leading organisations undergoing complex business, digital and AI-driven transformations. With a senior team, deep transformation expertise and a recurring blue-chip customer base across multiple industries, AdEx Partners supports clients in delivering tailored transformation programmes that create sustainable business value. 

The company is well positioned to broaden its service offering, further invest in its AI and digital capabilities, and scale its platform in line with evolving technology trends and increasing demand for complex transformation projects. In partnership with Capvis, AdEx Partners have already completed two acquisitions. The refinancing enables the company to pursue further targeted acquisitions to continue to expand its service offerings, enter into new industries, scale across DACH, and strengthen its presence in core markets.

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This refinancing marks an important step in supporting AdEx Partners’ continued growth journey. It enables the company to further expand its service offering, continue to invest in AI-driven capabilities, and pursue targeted acquisitions as part of its broader European expansion strategy.

Marvin Müller, Investment Director, Capvis

With Clearwater’s proactive, hands-on support throughout the process, we were able to focus on our strategic priorities and execute the transaction with confidence and ease.

Judith Huth, Partner & COO, AdEx Partners

We are pleased to have supported Capvis and AdEx Partners in this strategic refinancing. The transaction provides the company with both, firepower and flexibility, to pursue it’s focused buy & build strategy.

Khalid Afras, Managing Partner, Clearwater

Advisers

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