Polar - Ownership and Business Overview

InfrastructureCompany

Polar Ownership

Who owns Polar?

Polar is owned by H.I.G. Private Equity. It was acquired on October 7, 2024.

Is Polar PE-backed?

Yes. Polar is owned by private equity investor H.I.G. Private Equity.

Polar Business Overview

Where is Polar headquartered?

Polar is headquartered in London, United Kingdom.

What sector is Polar in?

Polar is an infrastructure company.

Infrastructure M&A Summary in 2024

Out of 60 sectors in the Mergr database, infrastructure ranked 57 in number of deals in 2024. The largest infrastructure acquisition in 2024 was IHS Kuwait - which was acquired by Zain Group for $230M.

Join Mergr to view all 3 acquisitions of infrastructure companies in 2024, including 2 acquisitions by private equity firms, and 1 by strategics.

Polar

PolarDC Group Ltd.

London,
United Kingdom,
www.polardc.com

Polar develops, owns, and operates data center infrastructure targeting high-performance computing (“HPC”) applications. The Company’s first data center in Norway will provide up to 48MW of capacity once fully operational, and will be powered using 100% renewable, hydroelectric power. Given the naturally colder Norwegian climate and modular design architecture, it offers Power Usage Effectiveness. Polar is based in London.


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