Kroll Advised the Shareholders and BGF on the Sale of Polar Technology Management Group Ltd. to Trive Capital

In March 2026, the shareholders announced the sale of Polar Technology Management Group Ltd (“Polar”), a leading engineering business based in Oxfordshire, which delivers technology-based solutions around advanced composite materials and metallic fabrications to Trive Capital, a Dallas, Texas based private equity firm.

Kroll served as the exclusive sell-side advisor to the shareholders of Polar in connection with the transaction providing M&A advisory, financial and tax due diligence services.

 

“We’ve had a great journey over the past 13 years with significant progress being made in recent years with our growth into Aerospace & Defense. Trive are investing in the exciting future of Polar, and we look forward to working with them, as well as our customers, as we look to build on our successes to date. The Kroll team have been extremely supportive in ensuring we get the best investor for the future of our business and their advice has been exceptional throughout the process.”

Scott Roberts, Polar Co-Founder

 

“Polar Technology stands out as a British manufacturing success story – driven by innovation and underpinned by a relentless focus on engineering excellence. Since our investment in 2021, we’ve worked alongside Scott, Mike and the wider team to scale the business and strengthen its position across the aerospace and defense sectors. With Trive Capital’s international expertise, Polar is well placed for its next phase of growth, and we wish the team every success as they continue to build on these strong foundations”

William Gresty, BGF Partner

 

About Polar Technology Management Group Ltd.

Polar Technology, headquartered at Horizon Technology Park in Oxfordshire, is a high-performance engineering group specialising in advanced composites and precision metallic systems. The company serves demanding sectors including aerospace, defence, motorsport, energy, and medical. With expertise in thermal management, lightweight structures, mechanical power transmission, and clean energy solutions, Polar delivers innovative components and systems using cutting-edge manufacturing techniques such as filament winding, autoclave curing, CNC machining, and additive manufacturing.

 

About BGF

BGF was set up in 2011 and has invested £4.7 billion in over 650 companies, making it the most active growth capital investor in the UK. BGF is a minority, non-controlling equity partner with a patient outlook on investments, based on shared long-term goals with the management teams it backs. BGF invests in growing businesses in the UK and Ireland through its network of 15 offices.

 

About Trive Capital

Trive Capital is a Dallas, Texas based private equity firm with more than $7 billion of regulatory assets under management. Trive focuses on investing equity and debt in what it sees as strategically viable middle-market companies with the potential for transformational upside through operational improvement. Trive seeks to maximize returns through a hands-on partnership that calls for identifying and implementing value creation ideas.

The Trive team is comprised of seasoned investment professionals who have been involved in over 250 middle-market transactions representing in excess of $7 billion in revenue across Trive’s targeted industry sectors and situations.