Stockholm (Sweden), 2 November 2015 - Funds advised by Triton ("Triton") have successfully closed the acquisition of Imtech Nordic, a leading Nordic complete technical installations partner that operates through three business segments: Heating and Plumbing, Ventilation, and Electrical installation and services. Triton fund IV acquired all the assets of Imtech Nordic from Waterval BV. The parties have agreed not to disclose the purchase price.
"We will support management and the employees of Imtech Nordic as a stable owner in investing in and supporting the growth and development of the company. We will contribute our strategic insights from the service industry as well as operational know-how. We look forward to working together with the management team and the new Board of Directors in building a stronger company", said Peder Prahl, Director of the General Partner to the Triton fund.
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.