Frankfurt/Herne (Germany) / Geneva (Switzerland), 13 October 2016 - Funds advised by Triton (“Triton”) have completed the acquisition of Fläkt Woods Group, a leading provider of air technologies solutions for HVAC systems for the best Air Comfort & Fire Safety environment, effective as of 12 October. With the closing of the transaction, Fläkt Woods Group will commence the merger with DencoHappel by forming FläktGroup – a new European market leader for energy efficient air technology solutions, providing our customers with the highest quality standards for improved air comfort and well-being. Following the merger Triton remains the majority stakeholder in FläktGroup.
About Triton Partners
Founded in 1997 and owned by its partners, Triton Partners is a leading European mid-market sector-specialist investor. Triton Partners focuses on investing in businesses that provide mission critical goods and services in its three core sectors of Business Services, Industrial Tech, and Healthcare.
Triton Partners has over 150 investment professionals and value creation experts across eleven offices and invests through three complementary “All Weather” strategies: Mid-Market Private Equity, Smaller Mid-Cap Private Equity, and Opportunistic Credit.