Contour Design appoints Kenneth Nielsen as new CEO

The global niche company in ergonomic mouse and keyboard solutions Contour Design has appointed Kenneth Nielsen as Group CEO as of February 1st 2022. Kenneth Nielsen brings solid experience in generating growth in international companies after former positions in Apple, Amazon, Salling Group and in the last two years as Chief Digital Officer in one of…

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Polaris Flexible Capital completes First Close with 500 million DKK

Polaris is pleased to announce the first close of Polaris Flexible Capital, which is Polaris’ new fund launched in 2021. Polaris Flexible Capital will make investments in subordinated loan capital and minority shareholdings and thereby provide capital to companies which need financial backing while maintaining control of their business. The Fund has raised 500 million DKK,…

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Polaris Closes Fifth Fund at €650 Million Hard Cap

Polaris Private Equity is pleased to announce the closing of Polaris Private Equity V K/S on 31 January 2022. The Fund was oversubscribed and closed at its hard cap of €650 million, exceeding its target of €550 million. Including team commitments, the Fund totals €690 million (5.135 Billion DKK). Fund V is the largest in…

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The company behind MENU – Designers Company – expands Heritage Design Collection with acquisition of Brdr. Petersen and global rights for all Ib Kofod-Larsen designs

We are pleased to announce that we have successfully acquired Brdr. Petersen as an add-on to Designers Company – the company behind MENU – and the global rights for all Ib Kofod-Larsen designs. Danish furniture maker Brdr. Petersen was established in 1973 by twin brothers Egon and Erling. Through changing times, Brdr. Petersen has retained the same…

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Polaris acquires G&O Maritime Group

We are pleased to announce that Polaris has acquired a majority stake in G&O Maritime Group, a supplier to the global maritime industry manufacturing a range of niche products for leading shipping companies, shipyards, and engine manufacturers. G&O Maritime Group will be the fifth investment in Polaris’ fund V. G&O Maritime Group holds a number of…

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New CEO for TRIAX

The board of directors has appointed Mr Ken Cordes to the position of CEO of the newly merged TRIAX A/S and Ikusi Multimedia. He takes up his position on 20 September 2021. Ramon Sotomayor, Chairman of TRIAX, says, “We’re delighted to welcome Ken to TRIAX. His proven track record in integrating businesses, people and cultures…

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Polaris sells ProData to Axcel

Polaris has entered into an agreement to sell ProData Consult to Axcel after three years of ownership. Since Polaris’ investment in 2018, ProData has generated average annual growth of 26% and increased the number of active consultants on assignments for clients by 20% to some 3,000. “ProData Consult has developed fantastically and significantly faster than…

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