POELLATH advises management of Polygon Holding AB on the sale to AEA Investors LP
Along with the management team, AEA will acquire 100 percent of the shares in Polygon. The seller was Triton Partners. The sale is subject to the customary regulatory approvals. Closing is scheduled for the fourth quarter of 2021.
Stockholm-based Polygon Holding AB is a leading property damage control and restoration company. The company serves a range of industries, including insurance companies, property management companies, government agencies and industrial customers. Polygon employs approximately 5,500 people in 16 countries on 3 continents, handling more than 360,000 assignments annually.
AEA is a leading global private investment firm with over USD 15 billion in assets under management focused on middle market private equity and debt capital investments.
Triton, an investment firm, invests primarily in medium-sized companies in the German-speaking and Nordic regions, the Benelux region, France, Italy, Spain and the United Kingdom. Triton currently has investments in 47 companies in Europe, which generate total sales of approximately EUR 17.7 billion and employ a total of approximately 102,000 people.
POELLATH provided comprehensive legal and tax advice to Polygon’s management in connection with the sale with the following Munich team:
- Dr. Benedikt Hohaus (partner, lead, management participation/private equity)
- Dr. Nico Fischer (partner, tax)
- Johanna Scherk (associate, management participation/private equity)
- Silke Simmer (associate, management participation/private equity)
