Polaris exits A-Tex to Partners Group’s Trimco

The exit comes just three years after Polaris acquired A-Tex in a management buyout through its 2008-vintage Polaris Private Equity III fund.

Following the original buyout, management increased their shareholding in the company from 30% to just under 50%.

A-Tex is the GP's second exit of 2015, having made 4x money on the sale of Hamlet Protein to Altor and Goldman Sachs in May.

Previous funding
Polaris acquired a controlling stake in A-Tex in September 2012 through a management buyout from the company's founder Bent Fogh Povlsen.

A debt package was arranged by Handelsbanken.

Company
A-Tex was founded in 1991 and is a provider of branding identity products, including labels, hang-tags, packaging solutions and in-store decorations, for European and US fashion brands.

Headquartered in Herning in west Denmark, the company employs a staff of 440 across its global operations.

People
Niels Worning is a partner at Polaris. Florian Marquis is a senior vice-president of private equity at Partners Group.

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• Topics
• Nordics
• Exits
• Consumer
• Polaris Private Equity
• Denmark
• Partners Group