Polygon acquires Alvisa 24
Stockholm (Sweden), 06 March 2019 - Triton III company Polygon have acquired Alvisa 24, a market leading fire damage restoration and major & complex claims specialist in Switzerland.
Alvisa 24 has a turnover of around 11 MEUR and 67 employees. The acquisition of the company marks Polygons establishment in Switzerland and is an important strategic milestone for Polygons ambition to become the market leader in all countries where they are present, as well as to further expand into new geographies and to advance the property damage restoration industry.
“I am deeply impressed with the culture of entrepreneurship and innovative customer focus of Alvisa 24 and see a very strong resemblance with how we operate at Polygon. Combining forces is an important step to provide the customers with an even better network, enhanced service levels and initiatives that further professionalize our industry. The new entity will provide an appealing opportunity to those who wants to be part of a winning team and make a difference going forward. I would like to warmly welcome our new Swiss family members” says Axel Gränitz, President & CEO of Polygon Group.
Acquired by Triton in 2010, Polygon is a Global Expert and the European market leader in Property Damage Control. On 3 continents and in 14 countries, Polygon´s 4.000 specialists prevent, control and mitigate the effects of water, fire and climate. Polygons innovative and tailor-made solutions combine people, knowledge and technology for a wide range of customer segments.
Since its establishment in 1997, Triton has sponsored nine funds, focusing on businesses in the industrial, business services, consumer and health sectors.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe.
Triton seeks to contribute to the building of better businesses for the longer term. Triton and its executives wish to be agents of positive change towards sustainable operational improvements and growth. The 38 companies currently in Triton's portfolio have combined sales of around €13,6 billion and around 84,500 employees. For more information: www.triton-partners.com