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A leading fire and water property damage restoration service provider with global operations

Polygon

Polygon was acquired by Triton Fund III in September 2010

Polygon is a leading provider of property damage restoration services with an offering that includes water damage restoration, fire damage restoration, reconstruction, leak detection and temporary humidity control. The company's services provide significant value to customers through restoring and repairing construction rather than rebuilding at a higher cost. The majority of its revenue is generated within Europe. Key customers include insurance companies, property management companies, general industrial companies and public properties.

Polygon employs 2,909 full-time employees. The company operates globally with a strong local presence through 270 service depots in Europe and the US.

The company was acquired from its listed parent company Munters, in September 2010. The company was a non-core services business within a larger manufacturing group. Under Triton ownership Polygon also made strategic acquisitions, including the German market-leader Vatro in July 2011.

Key events since Triton's investment

  • Local organisation streamlining and accountability across all regions
  • Bond issued corporate bond listed on Nasdaq Stockholm
  • Acquired the German market-leader Vatro (2011)

Country:
Sweden

Fund:
Triton III

Acquisition date:
September 2010

Sector:
Business services

Sales:
€485 million (2016)

Number of employees:
2,909 (2016)

Board of directors:
Luc Hendriks (Chairman)
Jonas Samuelsson
Lars Ove Håkansson 
Petter Darin
Nadia Meier-Kirner
Ole Skov

Company website:
www.polygongroup.com

Contact:
Luc Hendriks

Management:
Erik-Jan Jansen (CEO)
Mats Norberg (CFO)

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