Polaris Private Equity has signed a definitive agreement to acquire all outstanding shares of TRIAX from Nielsen & Nielsen Holding. TRIAX, which has been owned by Nielsen & Nielsen for over 28 years, is a provider of high-tech solutions for reception and distribution of TV, radio and internet. The company's products are used by broadcasters, cable operators, local networks and private households. Polaris will back the company out of its Polaris IV vehicle, which held a second close on DKK 3 billion ($457M) earlier this month. TRIAX posted 2014/2015 revenue and EBITDA of DKK 608 million ($93M) and DKK 52 million ($8M), respectively.