Triton Fund IV divests Assemblin to Triton IV Continuation Fund
Assemblin´s main owner Triton has completed the sale of a portfolio of four companies, including Assemblin, from the Triton IV fund to a newly-formed vehicle, Triton IV Continuation Fund.
The Triton IV fund and Triton IV Continuation Fund are both entities advised by Triton, and the transaction therefore does not change Assemblin’s overall governance, board composition or strategy.
While no decision has been made, in connection with the transfer of ownership into the new continuation fund Assemblin is also evaluating the merits of refinancing its existing capital structure.
For more information, please visit www.triton-partners.com
Assemblin is an end-to-end installation and service partner with operations in Sweden, Norway and Finland. We design, install and maintain technical systems and solutions for air, water and energy. Our vision is to create smart and sustainable installations that make buildings work and people feel comfortable. We make this possible through close local collaboration and are supported by a strong organisation. We have annual sales of SEK 13.5 billion and about 6,900 dedicated employees at more than 100 locations in the Nordic region. Read more at assemblin.com.