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Polaris Private Equity acquires TRIAX from Nielsen & Nielsen Holding

Polaris Private Equity has acquired TRIAX, a provider of solutions for the reception and distribution of TV, radio and internet, from Nielsen & Nielsen Holding.

TRIAX’ products and solutions are used by broadcasters, cable operators, local networks and private households. 

Through its newly established fund, Polaris IV, Polaris has signed a definitive agreement, subject to customary regulatory requirements and approvals, to acquire all outstanding shares of TRIAX. With more than 60 years of experience within the industry, TRIAX is widely associated with high-quality products, durability and a high level of customer service. With its headquarters in Denmark, as well as eight European subsidiaries, TRIAX has a solid foothold in the European continent. With strong partnerships throughout major regions of the world, TRIAX has also established a global reach. 

Products and solutions include signal processing, multiswitches, amplifiers, headends, aerials, and dishes. The product portfolio consists of both own products and sourced products. During recent years, TRIAX has successfully managed the revenue contraction that followed the conclusion of the migration from analogue to digital signal broadcasting in Europe. TRIAX posted 2014/2015 revenue of DKK608 million and earnings (EBITDA) of DKK52 million. The firm has 310 employees. 

“This is a very important milestone for TRIAX, and we are truly excited about TRIAX’s future prospects, which can be utilised under new ownership”, says Claus Omann, CEO of TRIAX A/S. “With the strong support of Polaris, we are very well positioned to accelerate the development and growth throughout the EMEA region”. 

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