Polaris, a Nordic mid-market private equity investor, is to divest its majority shareholding in SSG Group to BELFOR, a provider of disaster recovery services.

SSG Group has strengthened its market position significantly in partnership with Polaris since the acquisition in 2019. Polaris has supported SSG Group’s development to create a Nordic market leader and participate in the ongoing consolidation of the market through acquisitions in Denmark and Sweden.

The parties have agreed not to disclose the sales price.