Polaris Private Equity
RelyOn Nutec sponsor Polaris preps autumn sale via Houlihan Lokey
GP bought the safety training provider, then known as Falck Safety Services, in a carve-out in 2018
Polaris acquires majority stake in Sealing System
GP currently deploying capital in its 2021-vintage Polaris Private Equity V with EUR 690m in commitments
The Bolt-Ons Digest – 26 January 2023
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Polaris holds first close for Flexible Capital fund on DKK 500m
Vehicle was launched in May 2021 with a target of DKK 1bn and is expected to start deploying capital this quarter
Polaris mandates EY to exit Det Danske Madhus
Formal sale launch is expected once updated financial figures for the Danish catering company are in
Polaris V holds final close on EUR 650m hard-cap
Fund has EUR 690m to deploy including the GP commitment, and has made five platform investments
Altor, Equistone, Polaris among bidders for Troldtekt
Danish manufacturer of acoustic panels is in an advanced process led by Clearwater
Polaris heads for final close for fifth fund
GP made its fifth deal from the fund earlier in September, acquiring G&O Maritime Group
Polaris makes IR and investment team hires
Amanda Platek joins Polaris to establish an investor relations function at the firm
Polaris sells ProData Consult to Axcel
Axcel reportedly pays nearly DKK 2bn (тЌ269m) for the company, suggesting a 13.3x EBITDA multiple
Polaris appoints director, head of sustainability
Danish GP also appoints a head of sustainability and made five promotions
Polaris launches flexible capital strategy with DKK 1bn fund
GP starts raising a DKK 1bn fund for the new strategy and plans to hold a first close after summer this year
Polaris backs sportswear retailer Stronger
GP is acquiring a 51% in the company, with the remainder retained by the founders and management
Polaris merges four financial advisory firms into North
Deal is the third from Polaris Private Equity V, which launched in 2019 and was targeting тЌ550m
Polaris reaps high-teens return on €1bn sale of Molslinjen
Deal is the first exit from the GP's third buyout fund
Polaris and AAC Capital exit BabySam to trade – report
GPs had reportedly been preparing to sell BabySam as early as 2017
Polaris acquires Swedish dental clinic chain Distrikstandvården
Deal is the result of a sale auction, for which ABG Sundal Collier had been mandated last year
Polaris to acquire and merge four Danish coach operators
Four operators had a combined pro forma revenue of тЌ108m in 2019
Polaris exits Danish fashion brand PWT Group
Covid-19 ends a 12-year investment period during which the company grew to acquire five other brands
Google buys VC-backed Pointy
Following the acquisition, Pointy expects to build new features and further expand its offering
Polaris partially exits Jetpak
GP will retain a 5.3% stake in the listed Swedish delivery company
Polaris acquires SSG Group from BWB Partners
Polaris secures a majority stake in Denmark-based SSG Group alongside the management team
Polaris et al. buy Danica Pension Sverige
Consortium is led by Polaris and Acathia, and comprises Sampension and Unigestion, among others
Polaris acquires Falck Safety Services
Denmark-based GP intends to develop Falck Safety Services along a buy-and-build strategy