Posts by Alexander Skovbo

Despite constructive negotiations and dialogues, it has not been possible for the owners Polaris Private Equity and Velatia Group to find a solution ensuring liquidity for the continued operations of TRIAX. Consequently, a winding-up petition has been filed with the bankruptcy court in Horsens. Polaris Private Equity IV K/S acquired TRIAX A/S in 2015 and…

We are excited to announce that Polaris has acquired a majority stake in Micropower Group, a leader in the development of unique battery charging solutions and power supplies as well as modular Li-ion batteries. The group is headquartered in Växjö, Sweden, has around 460 FTEs, and recorded SEK +1,500m revenue in 2022. The investment is…

We are pleased to announce that Polaris has acquired a majority shareholding in Sealing System, which is a leading Scandinavian supplier of full-scope automated packaging and palletizing lines as well as intralogistics with around 155 employees, headquarters in Grindsted, Denmark, and presence in Norway and Belgium. The company was established in 1998 and offers complete,…

NORTH has acquired Mondo Forsikring Formidler A/S and Langmach Ribe Aps, completing its 5th and 6th add-on since the creation of NORTH in April 2021. Mondo Foriskring Formidler A/S was acquired on the 31st of March 2023. Mondo Forsikring is an insurance agency offering a unique all risk product through tailored insurance packages and individual…

We are pleased to announce that Polaris has concluded the acquisition of a leading Microsoft Dynamics consulting business in Denmark, Sweden and Norway with approx. 400 passionate people, deep relationships with more than 1,500 customers, and a proven track record as a trusted digital partner building on long-term relationships. The acquired business is launched under…

We are excited to announce that VIKINGBUS, a Polaris portfolio company, has launched Fleet, a new Danish intercity bus service. Fleet will operate daily departures between the largest Danish cities and offer more than 160 weekly departures across 19 cities, with more cities to come. Fleet aims to offer a streamlined digital customer experience through…

NORTH has acquired Realkreditkonsulenterne, completing the 4th add-on since the creation of NORTH in April 2021. After the acquisition, NORTH is the clear market leader within independent mortgage advisory with +3,000 customers. “We are excited to become a part of NORTH and contribute to its continuous growth and success. We are now better positioned to…

RelyOn Nutec expands into High Voltage (HV) electrical training and consultancy to further strengthen its world leading position within renewable energy training services by acquiring an interest in Thomson Bridge (TB). “We are delighted to be partnering with an organisation that has a similar commercial ethos and modern approach to education, using the best technologies…

Esoft acquires the Norwegian photography company Inviso, Norway’s largest supplier of digital marketing solutions for the real estate industry.The acquisition happens just two months after Esoft took over a similar Danish company, Pro-Plan Interaktiv A/S, and follows Esoft’s strategy to be able to service real estate agents throughout the Nordics. “Esoft is one of our…

We are pleased to announce that Polaris has entered into an agreement to divest the Danish division of Alliance+ to SERWIZ. The divestment marks the end of Polaris’ ownership of Alliance+, having divested Alliance+’s Norwegian division to Toma Gruppen in July. “We are very satisfied to hand Alliance+ over to SERWIZ, who is a strong…