M&A Deal Summary

BELFOR Acquires SSG

On May 25, 2022, BELFOR acquired business services company SSG from Polaris Private Equity

Acquisition Highlights
  • This is BELFOR’s 2nd transaction in the Business Services sector.
  • This is BELFOR’s 2nd transaction in Denmark.

M&A Deal Summary
Date 2022-05-25
Target SSG
Sector Business Services
Buyer(s) BELFOR
Sellers(s) Polaris Private Equity
Deal Type Add-on Acquisition

Target

SSG

Herlev, Denmark
SSG is a specialist in facility services and damage control. The company maintains buildings, preventing and minimising damage, and saving valuable assets. SSG was founded in 1993 and is based in Herlev, Denmark.

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Buyer(S) 1

Buyer

BELFOR

Birmingham, Michigan, United States
Category Company
Founded 1946
Sector Business Services
Employees8,400
DESCRIPTION

BELFOR is a global provider of damage recovery and restoration services. The company serves customers in significant times of need, ranging from individual homeowners who may have a small loss to multinational manufacturing businesses with millions of dollars of damage. BELFOR was founded in 1946 and is based in Birmingham, Michigan.

DEAL STATS #
Overall 3 of 3
Sector (Business Services) 2 of 2
Type (Add-on Acquisition) 3 of 3
Country (Denmark) 2 of 2
Year (2022) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-06-06 Røsva Skadeservice

Slagelse, Denmark

Røsva Skadeservice is a suppliers of restoration services.

Buy -

Seller(S) 1

SELLER

Polaris Private Equity

Copenhagen, Denmark

Investor Investor Investor Investor Investor

Category Private Equity Firm
Founded 1998
PE ASSETS 1.3B EUR
Size Large
Type Sector Agnostic
DESCRIPTION

Polaris Private Equity is a mid-market Danish private equity firm focused on buyouts within Denmark and Sweden. Polaris does not have any sector preferences, however the Firm looks for 'niche' businesses that exhibit growth potential and have the ability to lead their markets. Prospective companies typically have revenues of at least €20 million. Polaris was formed in 1998 and is based in Copenhagen.

DEAL STATS #
Overall 31 of 37
Sector (Business Services) 2 of 4
Type (Add-on Acquisition) 12 of 15
Country (Denmark) 19 of 25
Year (2022) 3 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-04-27 Designers Company

Copenhagen, Denmark

Designers Company is an interior design company, supplying furniture, accessories, and lighting to professional and retail customers in more than 40 countries. Designers Company was founded in 1978 and is based in Copenhagen, Denmark.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-06-01 Esoft Systems

Odense, Denmark

Esoft Systems is a provider of platform for photos, video, text and digital marketing for the real estate industry. Esoft Systems was founded in 2000 and is based in Odense, Denmark.

Buy -
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