{"id":102570,"date":"2025-04-14T00:00:00","date_gmt":"2025-04-14T00:00:00","guid":{"rendered":"https:\/\/enterpriseam.com\/uae\/adia-buys-stake-in-swedish-erp-firm-ifs\/"},"modified":"2025-04-14T00:00:00","modified_gmt":"2025-04-14T00:00:00","slug":"adia-buys-stake-in-swedish-erp-firm-ifs","status":"publish","type":"post","link":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/","title":{"rendered":"Adia buys stake in Swedish ERP firm IFS"},"content":{"rendered":"

ADIA <\/strong>to invest<\/strong> in EUR 15 bn industrial AI firm IFS:<\/strong> A subsidiary of the Abu Dhabi Investment Authority (ADIA) has agreed to acquire a minority stake in IFS<\/a>, a Swedish AI-focused software developer, according to a press release (pdf)<\/a> out yesterday. The transaction will also see private equity firm HG Capital<\/a> raise its stake to co-control status alongside EQT<\/a>, and the Canada Pension Plan Investment Board<\/a> will join ADIA as a new minority investor, while TA Associates<\/a> remains on board. Reports of the potential acquisition first came in March<\/a>.<\/p>\n

The details:<\/strong> While no investment ticket size has been disclosed, the transaction values IFS at over EUR 15 bn (c. USD 17 bn), and it is expected to close by the end of 2Q 2025, subject to regulatory approvals. IFS\u2019s valuation has been driven by surging demand for its AI-driven applications across sectors including aerospace, defence, construction, energy, and telecoms, the press release reads. <\/p>\n","protected":false},"excerpt":{"rendered":"

The transaction values IFS at over EUR 15 bn<\/p>\n","protected":false},"author":1,"featured_media":102571,"comment_status":"","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"newspack_ads_suppress_ads":false,"newspack_popups_has_disabled_popups":false,"newspack_sponsor_sponsorship_scope":"","newspack_sponsor_native_byline_display":"inherit","newspack_sponsor_native_category_display":"inherit","newspack_sponsor_underwriter_style":"inherit","newspack_sponsor_underwriter_placement":"inherit","ep_exclude_from_search":false,"_primary_brand":0,"newspack_featured_image_position":"","newspack_post_subtitle":"","newspack_article_summary_title":"Overview:","newspack_article_summary":"","newspack_hide_updated_date":false,"newspack_show_updated_date":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[2392],"tags":[368,7,25,1344,60,1341],"brand":[],"newspack_spnsrs_tax":[],"class_list":["post-102570","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-ma-watch-2","tag-abu-dhabi-investment-authority","tag-enterpriseam-uae","tag-investment-watch","tag-ma","tag-ma-watch","tag-tech","wpautop","entry"],"acf":{"mongo_id":"b8091cc9-25c1-42a0-a245-f522e5505984","order":"4","is_powered_by":false,"story_type":"1","photo_url":"https:\/\/ent.news\/2025\/3\/2247.jpg","photo_position":"above","homepage_title":"","full_issue_title":"Adia buys stake in Swedish ERP firm IFS","related_issue":[102563],"teaser":"The transaction values IFS at over EUR 15 bn","voice_url":"https:\/\/s3.us-east-1.amazonaws.com\/ent.news\/audio\/2025\/4\/.e20e44b2-2a61-46d3-8b2c-a913b40b5449.mp3"},"yoast_head":"\nAdia buys stake in Swedish ERP firm IFS - UAE<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Adia buys stake in Swedish ERP firm IFS\" \/>\n<meta property=\"og:description\" content=\"The transaction values IFS at over EUR 15 bn\" \/>\n<meta property=\"og:url\" content=\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\" \/>\n<meta property=\"og:site_name\" content=\"UAE\" \/>\n<meta property=\"article:published_time\" content=\"2025-04-14T00:00:00+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1\" \/>\n<meta name=\"author\" content=\"enterpriseam admin\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"enterpriseam admin\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\"},\"author\":{\"name\":\"enterpriseam admin\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\"},\"headline\":\"Adia buys stake in Swedish ERP firm IFS\",\"datePublished\":\"2025-04-14T00:00:00+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\"},\"wordCount\":159,\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1\",\"keywords\":[\"Abu Dhabi Investment Authority\",\"EnterpriseAM UAE\",\"INVESTMENT WATCH\",\"M&A\",\"M&A WATCH\",\"tech\"],\"articleSection\":[\"M&A WATCH\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\",\"url\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\",\"name\":\"Adia buys stake in Swedish ERP firm IFS - UAE\",\"isPartOf\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1\",\"datePublished\":\"2025-04-14T00:00:00+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage\",\"url\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1\",\"contentUrl\":\"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/enterpriseam.com\/uae\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Adia buys stake in Swedish ERP firm IFS\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#website\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"name\":\"UAE\",\"description\":\"The State of the Nation\",\"publisher\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\"},\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Organization\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#organization\",\"name\":\"UAE\",\"url\":\"https:\/\/enterpriseam.com\/uae\/\",\"logo\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\",\"url\":\"https:\/\/ent.news\/internal\/42998.svg\",\"contentUrl\":\"https:\/\/ent.news\/internal\/42998.svg\",\"caption\":\"UAE\"},\"image\":{\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/\"}},{\"@type\":\"Person\",\"@id\":\"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d\",\"name\":\"enterpriseam admin\",\"sameAs\":[\"http:\/\/enterpriseam.testing.projectsarea.com\"],\"url\":\"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Adia buys stake in Swedish ERP firm IFS - UAE","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/","og_locale":"en_US","og_type":"article","og_title":"Adia buys stake in Swedish ERP firm IFS","og_description":"The transaction values IFS at over EUR 15 bn","og_url":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/","og_site_name":"UAE","article_published_time":"2025-04-14T00:00:00+00:00","og_image":[{"url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1","type":"","width":"","height":""}],"author":"enterpriseam admin","twitter_card":"summary_large_image","twitter_misc":{"Written by":"enterpriseam admin","Est. reading time":"1 minute"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"Article","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#article","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/"},"author":{"name":"enterpriseam admin","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d"},"headline":"Adia buys stake in Swedish ERP firm IFS","datePublished":"2025-04-14T00:00:00+00:00","mainEntityOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/"},"wordCount":159,"publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1","keywords":["Abu Dhabi Investment Authority","EnterpriseAM UAE","INVESTMENT WATCH","M&A","M&A WATCH","tech"],"articleSection":["M&A WATCH"],"inLanguage":"en-US"},{"@type":"WebPage","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/","url":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/","name":"Adia buys stake in Swedish ERP firm IFS - UAE","isPartOf":{"@id":"https:\/\/enterpriseam.com\/uae\/#website"},"primaryImageOfPage":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage"},"thumbnailUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1","datePublished":"2025-04-14T00:00:00+00:00","breadcrumb":{"@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#primaryimage","url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1","contentUrl":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1"},{"@type":"BreadcrumbList","@id":"https:\/\/enterpriseam.com\/uae\/2025\/04\/14\/adia-buys-stake-in-swedish-erp-firm-ifs\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/enterpriseam.com\/uae\/"},{"@type":"ListItem","position":2,"name":"Adia buys stake in Swedish ERP firm IFS"}]},{"@type":"WebSite","@id":"https:\/\/enterpriseam.com\/uae\/#website","url":"https:\/\/enterpriseam.com\/uae\/","name":"UAE","description":"The State of the Nation","publisher":{"@id":"https:\/\/enterpriseam.com\/uae\/#organization"},"potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/enterpriseam.com\/uae\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Organization","@id":"https:\/\/enterpriseam.com\/uae\/#organization","name":"UAE","url":"https:\/\/enterpriseam.com\/uae\/","logo":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/","url":"https:\/\/ent.news\/internal\/42998.svg","contentUrl":"https:\/\/ent.news\/internal\/42998.svg","caption":"UAE"},"image":{"@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/logo\/image\/"}},{"@type":"Person","@id":"https:\/\/enterpriseam.com\/uae\/#\/schema\/person\/ca597032db7e4db868359c123cec256d","name":"enterpriseam admin","sameAs":["http:\/\/enterpriseam.testing.projectsarea.com"],"url":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"}]}},"featured_image_src":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?resize=600%2C400&ssl=1","featured_image_src_square":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?resize=600%2C600&ssl=1","author_info":{"display_name":"enterpriseam admin","author_link":"https:\/\/enterpriseam.com\/uae\/author\/enterpriseam\/"},"jetpack_featured_media_url":"https:\/\/i0.wp.com\/ent.news\/2025\/3\/2247.jpg?fit=%2C&ssl=1","jetpack_sharing_enabled":true,"jetpack-related-posts":[],"_links":{"self":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/102570","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/comments?post=102570"}],"version-history":[{"count":0,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/posts\/102570\/revisions"}],"acf:post":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/issue\/102563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media\/102571"}],"wp:attachment":[{"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/media?parent=102570"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/categories?post=102570"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/tags?post=102570"},{"taxonomy":"brand","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/brand?post=102570"},{"taxonomy":"newspack_spnsrs_tax","embeddable":true,"href":"https:\/\/enterpriseam.com\/uae\/wp-json\/wp\/v2\/newspack_spnsrs_tax?post=102570"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}