PHM Group

PHM Group is a leading, local and agile property services operator in Northern Europe focused on residential properties. The company aims to take care of the living environment and thereby enhance people’s well-being. The company offers a diverse range of services related to property usage and upkeep. PHM Group consists of the best companies in the industry that serve their customers locally, listening to their needs and desires.

Intera joined PHM Group’s growth story as a majority owner in 2018. During the first 18 months of the partnership, the foundation for future growth was built, with investments in management and processes. The company expanded to Sweden and strengthened its presence in Finland through acquisitions. Within the first 18 months of collaboration, PHM Group completed 19 acquisitions. In addition to internationalization, investments in management, and acquisitions, digitalization and sustainability have been strong focal points of the partnership.

In March 2020, Norwegian private equity investor Norvestor acquired a majority stake in PHM Group, while Intera remained a minority owner. In the same year, PHM Group and Kotikatu merged to form the leading property services company in the Nordic region. During Intera’s majority ownership, PHM tripled its revenue from EUR 40 million to EUR 120 million within 18 months. Additionally, the PHM’s 11 branches and 500 employees grew to 30 branches and 1200 employees during Intera’s majority ownership.

Today, Intera remains involved in supporting the success story of PHM Group as a minority owner.

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PHM Group and Kotikatu join forces to create a leading Nordic property maintenance services provider

10.06.2020

PHM Group (“PHM”), owned by funds managed by Intera and Norvestor, has signed an agreement to acquire Kotikatu Holding Oy...

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Norvestor invests into PHM Group

11.03.2020

Intera Fund III Ky has signed an agreement to sell part of its shares in portfolio company PHM Group to...

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