Horten has provided advice to Polaris and Alliance+ in connection with KIRK KAPITAL's substantial investment in the Facility Service group.
KIRK KAPITAL has acquired 46.5 % of the shares in the Facility Service group Alliance+ owned by Polaris thereby obtaining a substantial minority holding. Alliance+ is an important Facility Service business in Denmark and Sweden with more than 4,500 employees and a tripled turnover since 2009.
The progress is based on acquisitions, organic growth and launching of new services transforming Alliance+ from a traditional cleaning company into a Facility Service company with activities within Office Support and Property Services.
Horten provided legal advice to Alliance+ and Polaris' Private Equity in connection with the transaction.