PHM Group Acquires Investis Group's Real Estate Services Business in Switzerland

Norvestor Acquires Majority Stake in PHM Group

March 11, 2020

Professional Services

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.

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.

Hg Acquires Majority Stake in Fonds Finanz

December 10, 2021

Financial Services

Hg has made a majority investment in Fonds Finanz, a Munich-based tech-enabled financial intermediary pool serving insurance brokers, distributors and banks across Germany. The partnership will fund further technology investment, capability expansion into additional customer segments and potential add-on acquisitions to broaden Fonds Finanz's service offering.

Investcorp Acquires Investis Digital

March 30, 2021

Marketing & Advertising

Investcorp has completed the acquisition of Investis Digital from ECI Partners and a group of minority investors. Investis Digital, headquartered in London with over 500 employees across nine offices, will continue to be led by its management team which rolled a meaningful stake; Investcorp intends to support growth through M&A, product diversification and cross-selling.

Pretium Acquires BH Management Services

February 29, 2024

Real Estate

Pretium, a specialized investment firm, has agreed to acquire BH Management Services, a leading U.S. property management platform that manages approximately 114,000 homes across 370 communities. The transaction, expected to close in early Q2 2024, will make BH an operating company of Pretium while keeping BH's current leadership and headquarters in Des Moines, Iowa.

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.