It's the same dimensions as the normal MT Phillips driver so yes, the bit adapter will work.
That's assuming you're talking about the C33t.
If you really want the bit driver capability then the C33b or one of the other, retired LM knives with a build in bit driver might be of interest. They pop up second hand every now and then.
The other option that I think I'd prefer to carrying the adapter is to carry a mini ratchet.