Norvestor Acquires Majority Stake in PHM Group
March 11, 2020
Norvestor has signed an agreement to acquire a majority of the shares in PHM Holding Oy (PHM), a Finland-headquartered residential and commercial property maintenance services provider. The transaction backs PHM's Nordic expansion and consolidation strategy alongside existing owner Intera Fund III Ky and management, with PHM reporting ~€120m revenue and ~1,200 employees.
- Buyers
- Norvestor
- Targets
- PHM Holding Oy (PHM Group)
- Sellers
- Intera Fund III Ky, Management (existing management shareholders)
- Industry
- Professional Services
- Location
- Uusimaa, Finland
- Transaction Type
- Buyout
Explore More
Related Acquisitions
-
PHM Group (Norvestor-backed) Acquires Kotikatu Holding Oy
September 24, 2020
Real Estate
PHM Group, majority owned by a fund managed by Norvestor, has agreed to acquire Kotikatu Holding Oy, a leading residential property maintenance services provider in Finland. The transaction creates a larger Nordic residential property maintenance group with expanded presence across Finland and Sweden, accelerating PHM's Nordic expansion and consolidation strategy as a Norvestor-backed platform.
-
Norvestor SPV III / Norvestor IX Acquire PHM Group Oy and Sperre Air Power AS in Continuation Fund Transaction
July 15, 2025
Real Estate
Norvestor created a continuation vehicle (Norvestor SPV III), supported by commitments from Norvestor IX and a syndicate of institutional investors, to acquire PHM Group Oy and Sperre Air Power AS from earlier Norvestor funds (Norvestor VIII and Norvestor SPV II). The transaction provides liquidity/options to existing investors while preserving follow-on capital and strategic support for the two companies’ growth and M&A agendas.
-
PHM Group Acquires Sefbo from Valedo Partners
September 22, 2023
Real Estate
PHM Group has agreed to acquire Sefbo Holding AS from a fund managed by Valedo Partners, subject to Norwegian Competition Authority approval. The deal is an add-on to PHM's Nordic platform (majority-owned by Norvestor) and expands PHM's footprint and service offering in Norway; Sefbo is headquartered in Oslo with ~560 employees and NOK 730 million in revenue.
-
Norvestor Acquires Majority Stake in Pearl Group
December 28, 2020
IT Services
A fund advised by Norvestor Advisory AS has agreed to acquire a c.52% majority stake in Pearl Group, a Nordic IT solutions and ERP partner headquartered in Lysaker, Norway. The investment provides Pearl with expansion capital to grow organically and via M&A while the existing management and key employees retain a significant minority stake and reinvest proceeds.
-
PHM Group Acquires Investis Group's Real Estate Services Business in Switzerland
June 24, 2024
Real Estate
PHM Group completed the acquisition of Investis Group's entire real estate services business on 24 June 2024, adding Swiss subsidiaries that provide property management and maintenance services. The acquired businesses employ 2,285 people and generated approximately CHF 181 million in revenue for the year ended 31 December 2023; as part of the deal Investis took a minority stake in PHM and Investis CEO Stéphane Bonvin joined PHM's board.
-
Norvestor Acquires Majority Stake in Colmec Holding AB
May 31, 2023
Trucking & Fleet
A fund advised by Norvestor Advisory has signed an agreement to acquire a majority stake in Colmec Holding AB, a leading provider of sustainable tire solutions for commercial vehicle fleets across the Nordics and Poland. The Eckerström family will remain a minority shareholder alongside management; Norvestor plans to accelerate growth organically and via acquisitions while driving digitalization and further investing in environmentally friendly offerings.
Track M&A activity that matters to you
Get real-time deal alerts, build buyer lists with AI, and access our full acquisition database. Start your free trial today.