Polaris Flexible Capital has provided acquisition financing to Jernbro Industrial Services for its acquisition of Veltec, bolstering Jernbro's market presence in Denmark and Norway.
Target Company Overview
Jernbro Industrial Services is a prominent provider of industrial maintenance and project services located in Sweden. Known for its expertise and high-quality operations, Jernbro has established itself as a trusted partner for industrial clients across various sectors, ensuring optimal performance and reliability of equipment.
The acquisition of Veltec, a leading service provider in Denmark and Norway, presents a strategic opportunity for Jernbro to expand its geographical footprint and service capabilities. Veltec shares a similar service offering, focusing on industrial maintenance, thereby complementing Jernbro's portfolio and enhancing overall operational efficiency.
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Industry Overview in Sweden
The industrial maintenance sector in Sweden is characterized by a robust demand for efficient and reliable services across various manufacturing and industrial
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Jernbro Industrial Services
invested in
Veltec
in 2023
in a Growth Equity & Expansion Capital deal