Bryntum, the leading web-component provider of scheduling tools to project management applications, announces Adelis Equity as the new majority shareholder. Adelis will, through Adelis Equity Partners Fund III AB, support Bryntum in its next stage of growth and product development.
Bryntum, founded in 2009, is a leading provider of high complexity web-components used in project management. Bryntum offers high-performance scheduling and Gantt components for web applications, enabling developers to build complex scheduling, project management and resource planning tools.
Bryntum’s tools are used by thousands of customers across over 80 countries and trusted by developers across industries such as aerospace, healthcare, logistics and software development. The company is headquartered in Stockholm, Sweden, with a distributed team serving a global customer base.
“We are impressed by Bryntum’s world-class engineering team and the strong customer value proposition they have built through their products. Mats and his team have created a highly respected brand in the developer tools space, and we’re excited to support their next phase of growth,” say Joel Russ and Hampus Nestius at Adelis.
Through the partnership and support from Adelis, Bryntum will continue its international growth by scaling operations to reach new customers and markets, while continuing to expand the product suite.
“Partnering with Adelis gives us the strategic support we need to scale our operations, expand our product suite, and reach new markets,” says Mats Bryntse, founder and CEO of Bryntum, who will remain CEO and a significant owner in Bryntum. “We’re thrilled to continue our journey with a partner who shares our long-term vision and commitment to developer excellence.”
“I am very impressed by the technical strength and deep domain expertise that Bryntum has built over the years. The company’s global customer base and reputation for engineering excellence are truly remarkable. I’m excited to work closely with the team to take Bryntum to the next level and further accelerate its growth journey,” says the newly appointed Chairman Mikael Viotti.
For further information:
Mats Bryntse, Bryntum: mats@bryntum.com
Hampus Nestius, Adelis Equity Partners: hampus.nestius@adelisequity.com
Joel Russ, Adelis Equity Partners: joel.russ@adelisequity.com
About Bryntum
Bryntum, founded in 2009, is a leading provider of advanced web-components for project management applications. The company offers high-performance scheduling and Gantt chart solutions that enable developers to build complex, data-intensive applications with ease. Bryntum serves thousands of customers in over 80 countries and is headquartered in Stockholm, Sweden, with a globally distributed team. For more information, please visit https://www.bryntum.com.
About Adelis Equity Partners
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 47 platform investments and more than 270 add-on acquisitions. Adelis manages approximately €4.5 billion in capital. For more information, please visit www.adelisequity.com.
