Polygon Norway has signed an agreement to acquire Skadegruppen AS
Oslo (Norway), 26 September 2017 – Polygon, a Triton Fund III company, has signed an agreement to acquire Skadegruppen AS, a leading property damage restoration services provider in Norway, from Coor Service Management. This transaction will strengthen Polygon’s market position in Norway. Completion is subject to regulatory approval. The purchase price has not been disclosed.
“As the European market leader we have taken on the responsibility to advance the property damage industry. Our enhanced network will enable us to serve our national customers even better than before and at the same time drive initiatives to further professionalize our industry. I am also very happy to welcome a large number of new family members to the Polygon Group. Providing an appealing opportunity to those who want to be part of a winning team and make a difference going forward,” says Erik-Jan Jansen, President & CEO of Polygon Group.
The Triton funds invest in and support the positive development of medium-sized businesses headquartered in Europe, focusing on businesses in the Industrial, Business Services and Consumer/Health sectors.
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 30 companies currently in Triton's portfolio have combined sales of around €14.2 billion and around 88,000 employees.
The Triton funds are advised by dedicated teams of professionals based in Germany, Sweden, Norway, Finland, Denmark, Italy, the United Kingdom, the United States, China, Luxembourg and Jersey.
For further information: www.triton-partners.com