Investment into HTC Sweden

Sometime in May of 2013, Danish private equity investor Polaris bought HTC Sweden. HTC Sweden is really a global manufacturer as well as developer of professional floor solutions and floor grinding systems. Polaris purchased HTC Sweden from Gunn as well as Hakan Thysell, who remain majority owners having a 60% stake and also founded the company in 1987. Additionally, 3i Group sold their interest of 40% to Polaris.

Headquarter of HTC Sweden is situated in Soderkoping, Sweden. By growing into new market segments and introducing new products recently, HTC Sweden has experienced rapid growth. At present, coverage of HTC Sweden is in more than 60 countries, including U.K, U. S, France and also Germany. In 2012, HTC Sweden’s revenues have been SEK 370m.

With regards to creativity and best techniques of floor preparation and floor solutions, compared to alternatives methods and also solutions provided by its competitors HTC Sweden manufactures the most studier, more affordable, longer-lasting, and more enhanced options for the environment. HTC Sweden is actually a leader within the international market with the diamond cleaning systems, floor grinding machines, and polished concrete.

Strongly depending on expansion both acquisitive and organic, HTC Sweden is at the moment obtaining support through Polaris to have an ambitious growth strategy. For continuous focus on innovation that would assist to create strong client loyalty and also a competitive advantage, Polaris will assist HTC to do this.

Peter Ankerst, partner at Polaris, was excited about the buyout of HTC Sweden as well as commented that the company was very scalable and guided by a visionary management team. Additionally, Lars Landin, the current CEO of HTC Sweden, mentioned that having Polaris being an owner means wider accessibility to capital resources and also skills required in order to reap advantages from the next stage of advancement.

HTC Sweden is excited about using its grinding technology upon asphalt roadways within Sweden for its pending future projects. In order to run the project known as "Via Futura", HTC Sweden received the grant of SEK 4 million. The life span of a road could be improved by as much as 50% according to HTC Sweden estimations. The expected date of completing the project will be Dec 2015. The grinding can be done on areas of the roadway or even across its whole.

Polaris Private Equity located in Copenhagen, Denmark. Polaris has committed to 28 businesses, made 14 realizations, as well as completed 50 add-on acquisitions, since its founding in 1998. Almost all investment decisions are made by the committee comprised of the Polaris’ partners that are then subject to final approval by a Board of Independent Executive Directors. According to their high performance potential, Polaris' strategy is always to give attention to lower mid-market organizations in Sweden as well as Denmark. Polaris commits to market leaders or niche organizations. Peter Ankerst is part of a team consisting of two Swedish and 5 Danish partners. Fund of funds, family funds and private investors, insurance and life-insurance companies, banks, and pension funds are typical investors within Polaris' Fund III.

Peter Ankerst’s Polaris is only one of several high profile private equity firms operating away from Sweden. There are many other high profiles such as Nordic Capital’s Fund V (Managing Partners Joakim Karlsson and also Kristoffer Melinder) and also Triton Partners Investment Advisory Professional Pedar Prahl.