Polaris backs MBI of DMP Mølleservice
Polaris Private Equity has taken a majority stake in the MBI of Danish wind turbine service and maintenance provider DMP Mølleservice.
Carlos Christensen has been brought in as new CEO of DMP, replacing Poul Reinholdt who will continue as company CFO. The two will form the executive management team, together with vice president of sales Carsten Brinck. The former owners, consisting of key employees, will retain a significant minority stake in the company.
Company
Founded in 1987, DMP Mølleservice provides wind turbine service and maintenance, gear reconditioning and sales of spare parts. Headquartered in Aarhus, Denmark, the company employs around 50 staff and generated a DKK 117m turnover in 2011.
People
Partner and CFO Henrik Bonnerup worked on the deal for Polaris. Carlos Christensen has been brought in as CEO of DMP.
More on Nordics
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater
Trind VC plans up to five early-stage investments in next six months
VC has deployed around 10% of its second, EUR 55m fund and plans to invest in up to 40 startups
Letter from the editor: Unquote is moving to Mergermarket
Unquote Editor Harriet Matthews outlines Unquote.com's upcoming move to the Mergermarket platform and the new capabilities and intelligence that this brings to Unquote readers
Main Capital’s Assessio to be sold to Pollen Street
Recruitment software company tripled in revenue under Main Capital’s ownership
Latest News
Stonehage Fleming raises USD 130m for largest fund to date, eyes 2024 programme
Multi-family office has seen strong appetite, with investor base growing since 2016 to more than 90 family offices, Meiping Yap told Unquote
Permira to take Ergomed private for GBP 703m
Sponsor deploys Permira VIII to ride new wave of take-privates; Blackstone commits GBP 200m in financing for UK-based CRO
Partners Group to release IMs for Civica sale in mid-September
Sponsor acquired the public software group in July 2017 via the same-year vintage Partners Group Global Value 2017
Change of mind: Sponsors take to de-listing their own assets
EQT and Cinven seen as bellweather for funds to reassess options for listed assets trading underwater