AEA Acquires Polygon Holding AB

New York – October 5, 2021– AEA Investors’ (“AEA” or the “Firm”) Middle Market Private Equity team announced today that its fund has closed the acquisition of Polygon Holding AB (“Polygon” or the “Company”). Polygon is the largest provider of property damage restoration (“PDR”) services in Europe. The Company was formed in 2010 through the carve out of Munters Group’s moisture control services segment, which had a strong presence in the Nordic region. Polygon became the European market leader through a merger with German PDR provider Vatro GmbH in 2012. Since then, the Company has continued to consolidate its market position through both organic growth and strategic acquisitions. Today, Polygon is more than twice as large as its closest European competitor, with more than 5,500 employees and over 350 depots across 16 countries. Throughout its history, AEA has completed several other investments in the branch-based services industry. AEA’s investment in Polygon represents an opportunity to partner with a market leader that has significant competitive advantages in an attractive industry benefiting from long-term secular growth.

About AEA
AEA Investors LP was founded in 1968 by the Rockefeller, Mellon and Harriman family interests and S.G. Warburg & Co. as a private investment vehicle for a select group of industrial family offices with substantial assets. AEA has an extraordinary global network built over many years which includes leading industrial families, business executives and leaders; many of whom invest with AEA as active individual investors and/or join its portfolio company boards or act in other advisory roles. Today, AEA’s approximately 100 investment professionals operate globally with offices in New York, Stamford, San Francisco, London, Munich and Shanghai. The firm manages funds that have over $15 billion of invested and committed capital including the leveraged buyouts of middle market companies and small business companies, growth capital and mezzanine and senior debt investments.

About Polygon
Polygon is a leading property damage restoration company, serving a range of sectors including insurance, property management and industrial clients. Polygon provides 24-hour coverage delivered by a global network of more than 5,500 employees in 16 countries. Polygon ensures a rapid, accurate response that mitigates loss and effectively manages cost for its customers. For over 60 years, the Company has delivered best-in-class service through its constant investment in its people, technology and equipment to ensure that its solutions are proven, repeatable, environmentally sustainable, results-oriented and cost-effective. Further information about Polygon is available at www.polygongroup.com.

Media Contact
Joele Frank, Wilkinson Brimmer Katcher
Jon Keehner, Julie Oakes and Kate Thompson
+1 (212) 355-4449