Polygon

What Polygon does

Polygon is a Sweden-headquartered, private property damage restoration company operating as the European market leader across 18 countries and 3 continents with 8,000+ employees and 400,000+ assignments annually. Founded over 60 years ago and owned by private equity firm Triton since 2010 (acquired from Munters), the company provides integrated services for water damage, fire damage, leak detection, document and artefact restoration, reconstruction, and decontamination (asbestos, mould, radon, odour). Major & Complex Claims capability enables cross-border mobilisation of specialists and equipment for large loss events, demonstrated in incidents such as the Børsen fire in Copenhagen, Bauhaus flooding in Valencia, and the Berlin Aquadom aquarium disaster.

The company's core technology stack includes the proprietary Intelligent Data platform (IoT sensors for early water-leak detection, deployed with Oslo Forsikring across public buildings in Oslo), the Eco-Dry dehumidification system (reducing drying time by up to 60% and energy costs by up to 80%), tracer-gas and acoustic leak detection technologies, and emerging drone-based damage assessment. Digital Solutions and Temporary Climate Solutions form a prevention-and-control layer positioned to shift revenue from purely reactive restoration toward recurring monitoring and rental services.

Polygon makes money through professional services fees on per-incident/project engagements, dispatched via 24/7 emergency hotlines in each country and through structured referral relationships with insurance companies, loss adjusters, brokers, property managers, and government/public sector clients. GTM is sales-led B2B with a direct-to-consumer emergency response overlay. Growth has been driven by an active acquisition programme (22 deals across 11 countries since 2011) supplemented by organic cross-selling across the multi-country platform. Reported revenue exceeded €423M in 2013 with EBITDA of €90–100M and an indicative valuation of up to €1B (10x EBITDA) under Triton's 2021 sale preparation.

Name

Polygon

Legal name

Polygon International AB

Website

https://polygongroup.com

Company type

Private

Founded year

1970

Operating status

Operating

Headcount range

5,001–10,000 employees

Short description

Polygon is a Sweden-based, Triton-owned property damage restoration company operating in 18 countries across 3 continents, serving insurers, property owners, government, and industrial clients with water/fire restoration, leak detection, and IoT-enabled prevention services.

Ownership category

akta.pro rank

Product category

Property Damage Restoration

NAICS

Remediation Services (562910), Remediation and Other Waste Management Services (5629)

SIC

Hazardous Waste Management (4955)

akta.pro primary industry

Waste & Resource Management (General Waste/Recycling/Composting) (IMAIAAAG)

akta.pro secondary industry

Demolition & Selective Tear-Out for Hazardous Materials (BPALALAF)

Keywords

• Property damage restoration
• Water damage restoration
• Fire damage restoration
• Leak detection services
• Decontamination services

Headquarters

HQ city

Stockholm

HQ country

Sweden

HQ region

Europe

Offices12 records

Markets served

GTM type

B2B and B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Supply Chain

Revenue model

1. Property Damage Restoration Services: Polygon generates revenue through professional restoration and repair services for water damage, fire damage, and climate-related property damage. Services are provided to insurance companies (via claims referral), property owners, and direct consumers. Revenue is project-based, driven by volume of damage incidents and size of claims handled.
2. Decontamination and Specialist Services: Specialist decontamination services including asbestos remediation, mould remediation, radon remediation, and odour remediation. Technical specialist services for complex environments including demolition services, wind power services, and marine/offshore services.
3. Prevention and Control Services: Digital solutions and temporary climate solutions for prevention and proactive risk management. Revenue generated from sensor installation, monitoring services, and rental of dehumidification/heating equipment to insurers and property managers.
4. Document and Artifact Restoration: Specialist document restoration services including vacuum freeze drying, on-site drying, and microbial disinfecting. Restoration of artefacts, electronics, machinery, and vehicles damaged by water or fire.

Go-to-market motion2 records

Distribution channels4 records

Marketing channels5 records

Core offering

Polygon is a global property damage restoration company that provides 24/7 emergency response and full-service restoration for water, fire, and climate-related property damage. Its core deliverables include water extraction, structural drying, fire and smoke cleanup, leak detection, document/artifact restoration, reconstruction, decontamination (mould, asbestos, radon, odour), and major/complex loss mobilisation, supported by a proprietary IoT-based Digital Solutions platform for proactive sensor monitoring and prevention.

Product overview

Polygon is a global property damage restoration company offering a comprehensive suite of services organized around preventing, controlling, and mitigating the effects of water, fire, and climate damage. The core portfolio includes Water Damage Restoration, Fire Damage Restoration, Leak Detection, Document Restoration, Reconstruction Services, and Major & Complex Claims management. Supporting these core offerings are specialized services including Surface Repair, Artifact Restoration, Electronics & Machinery Restoration, Vehicle Restoration, and various decontamination services (Mould, Asbestos, Radon, Odour Remediation). Polygon's technology-driven offerings include Digital Solutions (IoT sensor-based monitoring with Intelligent Data platform), Temporary Climate Solutions (TCS) with the Eco-Dry innovation, drone inspections, and scaffolding services. The company operates sub-brands including VANWAARDE (art/artifact restoration in Netherlands) and Harwell Document Restoration Services (UK, Royal Warrant holder). Recent expansions include programmatic digital out-of-home advertising services. Polygon serves clients across 18 countries through local operations backed by global resources and expertise.

Differentiator

Problem solved

Functional benefit

Brands

• VANWAARDE: Document and artifact restoration services operated by Polygon Netherlands
• Harwell Restoration
• POLYGONVATRO
• Polygon (advertising/Martech brand)
• Polygon Digital Solutions
• Intelligent Data platform

Products and services

• Water Damage Restoration Mitigation and restoration of properties affected by water damage, including emergency response, water extraction, drying, and dehumidification for residential, commercial, industrial, and public sector customers across 18 countries.
• Fire Damage Restoration Comprehensive fire damage restoration including smoke removal, soot cleaning, structural repair, and content restoration for residential and commercial properties following fire incidents.
• Leak Detection Non-invasive leak detection using infrared cameras, tracer gas, smoke testing, acoustic methods, correlation, endoscopy, thermography, CCTV, and PolyStop technology to locate hidden leaks without destructive excavation.
• Document Restoration Specialist restoration of paper and film-based documents damaged by water or fire, using vacuum freeze drying, on-site drying, microbial disinfecting, and digitisation. Includes Harwell Document Restoration Services (UK, Royal Warrant holder) and VANWAARDE (Netherlands).
• Reconstruction Services Full-service reconstruction following property damage, including structural repair, rebuilding, and restoration to pre-damage condition for residential and commercial properties.
• Mould Remediation Specialist decontamination service for mould removal and remediation in properties affected by moisture damage, preventing health hazards and structural deterioration.
• Asbestos Remediation Professional asbestos removal and decontamination services for safe removal of hazardous materials from damaged properties, including capabilities inherited from SAT France and SAT Luxembourg.
• Radon Remediation Specialist radon gas remediation services addressing hazardous radon exposure in properties.
• Odour Remediation Services for neutralising and removing persistent odours caused by fire, water, or mould damage using specialised deodorisation techniques.
• Major & Complex Claims Rapid, large-scale recovery for major and complex losses including natural disasters, industrial incidents, and major structural fires, mobilising international expertise and equipment (e.g., Børsen fire response in Copenhagen).
• Digital Solutions IoT-driven sensor-based water leak detection and remote monitoring platform (Polygon Intelligent Data platform) providing real-time alerts, early warning, and risk management for insurers, property managers, and public building owners.
• Temporary Climate Solutions (TCS) Climate control services including dehumidification (Eco-Dry), heating, cooling, air conditioning, air exhaust, chilled water, HEPA filtration, humidification, equipment sizing, and remote monitoring for drying and environment management.
• Demolition Services Controlled demolition services for damaged structures, including selective demolition techniques.
• Wind Power Services Specialist restoration, maintenance, and technical services for wind power installations and turbines.
• Marine & Offshore Services Specialist restoration and damage control services for marine vessels, offshore platforms, and maritime infrastructure.

Quantifiable outcome

• Reduced drying time by up to 60% and energy costs by up to 80% through Eco-Dry innovation
• +4 more outcomes

Named customers11 records

Segments9 records

Ideal customer profiles5 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability4 records

Feature6 records

Partnerships

Two partnerships are on record, tiered core.

• Oslo ForsikringcoreStrategic or Co-development PartnerOslo Forsikring, the insurer of all publicly owned buildings in Oslo, partnered with Polygon Norway on an exciting project centred around sensor technology and Polygon's Digital Solutions. Sensors were placed in public buildings connected to Polygon's Intelligent Data platform to detect water leaks at the earliest possible stage, redefine risk management, and reduce claims costs. The partnership also revealed operational inefficiencies like overusing water in cleaning practices.
• Copenhagen MunicipalitycoreStrategic or Co-development PartnerPolygon Denmark won a tender for a 4-year-long contract with Copenhagen Municipality to work alongside the fire emergency services in emergency response and restoration services.

Scale indicators15 records

Recent moves6 records

Expansion highlights6 records

Market position

Strengths4 records

Competitive moat6 records

Key risks5 records

Key highlights7 records

Customer concentration

• Xx.com/ukpolygon

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles21 records

Subsidiaries24 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A3 records

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Polygon