SSG Group was acquired by Polaris.

SSG Group, a Copenhagen, Denmark-based provider of damage control and industry and property services, announced getting into an agreement for selling majority shareholding to priuvate equity firm Polaris.

The financial details of the transaction were not disclosed. The deal was made with actual owners BWB Partners, which acquired the company in 2012.

SSG Group, founded in 1993 and led by CEO Sonny Nielsen, is a provider of damage control and adjacent services with 900 employees and more than 50 SSG centres manned around the clock in Denmark, Norway and Sweden. In the financial year 2018/19, the SSG Group is expected to generate revenue of around DKK 900 million and an operating profit (EBITDA) of DKK 60-65 million.