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Polaris Takes Majority Position In ProData Consult

Nordic PE shop Polaris Equity Partners has entered into an agreement to acquire a majority shareholding in ProData Consult, a Danish IT consultancy focused on business and IT consultants. ProData Consult has generated an average annual growth in excess of 20% over the last 15 years. The Group has activities in Denmark, Norway, Sweden, Poland, Germany and the Netherlands. The investment is the sixth in Polaris’ fund IV. ”We have been keeping an eye on ProData Consult’s strong development and their innovative approach to the market during a longer period, convincing us that the company has a large development potential. We will do...