What Techem does

Techem is a German energy and metering service provider for the real estate sector, founded in 1952 and headquartered in Eschborn, Germany. The company designs, installs, and operates radio-enabled submetering devices — heat cost allocators, heat and cooling meters, and water meters — that record consumption in residential and commercial buildings. With 59 million devices deployed across 13.7 million apartments in 18 countries and a workforce of approximately 4,300, Techem is positioned as the market leader in remote radio-based metering of energy consumption in apartments. Its product portfolio extends beyond meters into wireless smoke detectors with remote inspection, the Multisensor Plus multi-hazard device, and EV charging infrastructure, all connected through the One Digital Platform for remote boiler-room optimization, digital billing, and consumption transparency.

Techem generates revenue primarily through recurring submetering and consumption-based billing services tied to its installed device base, supplemented by heat contracting (recently divested to the Elevion Group in June 2025), competitive smart metering point operation launched in 2021, and professional services such as legionella testing, hydraulic balancing, drinking water treatment, and energy certificates. Distribution is hybrid: direct enterprise field sales target property owners, housing companies, and managers, while online calculators (legionella, CO2, Multisensor, smoke detectors) and the mein.techem and Mieterportal customer portals enable self-service acquisition. Marketing is anchored in content and thought leadership, including the Immobilien-Ratgeber blog, the Vermieter-Brief and Verwalter-Brief newsletters, and the annual Techem Heat Atlas.

In September 2025, Techem was acquired by a consortium led by Partners Group — alongside GIC, Mubadala Investment Company, and TPG — in a transaction valued at €6.7 billion (~$7.8 billion), with Partners Group holding a controlling interest. The company continues to operate as a going concern under its existing management team, and has set explicit expansion targets, including scaling EV charging points to 5,000 by 2027, and broadening its regulated smart metering and compliance services in line with Germany's building decarbonization trajectory toward a climate-neutral building stock by 2045.

Name

Techem

Legal name

Techem GmbH

Website

https://techem.com

Company type

Private

Founded year

1952

Operating status

Operating

Headcount range

1,001–5,000 employees

Short description

Techem is a German energy and metering service provider that operates the largest radio-based submetering platform for real estate in Europe, serving 13.7 million apartments across 18 countries with 59 million devices spanning heat, water, smoke, and EV-charging solutions.

Ownership category

akta.pro rank

Product category

Building Energy Management Services

NAICS

Totalizing Fluid Meter and Counting Device Manufacturing (334514), Other Measuring and Controlling Device Manufacturing (334519), Navigational, Measuring, Electromedical, and Control Instruments Manufacturing (3345), Automatic Environmental Control Manufacturing for Residential, Commercial, and Appliance Use (334512), Testing Laboratories and Services (54138)

SIC

Totalizing Fluid Meters & Counting Devices (3824), Industrial Instruments For Measurement, Display, And Control (3823), Services-Testing Laboratories (8734)

akta.pro primary industry

Submetering & Multi-Unit Property Billing (MUDs, submeters, RUBS, landlord/tenant billing) (EUANAIAK)

akta.pro secondary industries

Metering Hardware & Field Services (AMI/AMR meters, endpoints, installation, maintenance) (EUANAIAA), Advanced Metering Infrastructure (AMI) & Smart Meter Analytics (Meter Data for NRW) (EUANAKAC), AMI/AMR Smart Meter Deployment & Operations (Head-End, Network & MDM) (EUAJACAD), Monitoring & Control (Dosing Systems, Remote Monitoring, Sensors) (BPABAJAK)

Keywords

• Submetering services
• Heat cost allocation
• Energy metering devices
• Consumption-based billing
• Smart building solutions

Headquarters

HQ city

Eschborn

HQ country

Germany

HQ region

Europe

Offices1 record

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Supply Chain, Marketing or Sales, Infrastructure

Revenue model

1. Submetering and consumption-based billing services: Techem's strongest business activity in terms of revenue is submetering—consumption-based heating cost billing for residential and commercial real estate. This includes heat cost allocators, heat meters, water meters, and digital billing services. Revenue is recurring in nature, tied to the installed device base and ongoing service contracts with property owners and managers.
2. Heat contracting: Techem has offered heat contracting since 1992 and introduced the Techem heating service with direct current in 2014, providing energy supply concepts for buildings.
3. Smart metering point operation: Since 2021, Techem operates as a competitive metering point operator, offering bundled consumption recording for submetering, electricity, and gas using intelligent metering systems.
4. Property services (legionella testing, hydraulic balancing, drinking water treatment, smoke detector inspection): Additional services including legionella testing, hydraulic balancing, drinking water treatment, remote inspection of smoke detectors, and energy certificates for buildings.
5. EV charging infrastructure: EV charging point installation and management services for residential and commercial real estate, supporting electric mobility in buildings.

Pricing tiers

Go-to-market motion3 records

Distribution channels4 records

Marketing channels6 records

Core offering

Techem provides submetering devices (heat cost allocators, heat and cooling meters, water meters, radio smoke detectors) and recurring measurement, data collection, and consumption-based billing services for residential and commercial real estate. Its One Digital Platform aggregates metering data and automates billing workflows for property owners, housing companies, and property managers, supplemented by ancillary services such as metering point operation, EV charging, digital boiler room management, hydraulic balancing, legionella testing, and drinking water treatment.

Product overview

Techem offers a comprehensive integrated platform for smart and sustainable building management. The portfolio centers on the One Digital Platform which connects radio-based metering devices (heat cost allocators, heat/cooling meters, water meters), wireless smoke detectors with remote inspection, and EV charging infrastructure across the building value chain. Key products include Multisensor Plus (multi-hazard detection), Metering Point Operation (smart metering for electricity/gas), and services like Legionella Testing, Hydraulic Balancing, and Drinking Water Treatment. The Digital Boiler Room enables remote heating optimization, while the CO₂ Calculator and Consumption Information services provide regulatory compliance (EED) and tenant transparency. The mein.techem portal serves as the customer interface for accessing billing and property management tools. Services are delivered to over 13.7 million apartments across 18 countries.

Differentiator

Problem solved

Functional benefit

Brands

• mein.techem: Customer portal for property owners and managers to access Techem services, billing, and consumption data
• Techem Heat Atlas
• Techem Smart System
• Techem Smart Monitor

Products and services

• Heat Cost Allocators (Heizkostenverteiler) Devices that measure and allocate heat consumption across individual radiators in a building, used by landlords and housing companies to bill tenants based on actual usage as required by submetering regulations.
• Heat and Cooling Meters Utility-grade meters that capture heat and cooling consumption at the building or unit level for consumption-based billing and energy management in residential and commercial real estate.
• Water Meters Meters that measure cold and hot water consumption per unit, enabling landlords and property managers to bill tenants based on actual water usage.
• Radio Smoke Detectors (Rauchwarnmelder) Networked smoke detectors installed in residential units that report status remotely, used by landlords to comply with mandatory smoke detector regulations without manual inspections.
• Multisensor Plus Multi-function indoor sensor that measures temperature, humidity, and air quality (CO2) in rooms to support healthier indoor environments and building energy optimization.
• Metering Point Operation (Messstellenbetrieb) Service in which Techem operates, maintains, and reads the metering point on behalf of property owners, taking responsibility for regulatory metering obligations.
• EV Charging Infrastructure (E-Ladestationen) Hardware and services for electric vehicle charging points in residential and commercial buildings, including installation, billing, and load management for landlords and property managers.
• Techem Smart System Central recording and management system for submetering and building data that automates consumption-based billing and integrates with property management workflows.
• Techem Smart Monitor Remote monitoring product that tracks consumption and equipment status in real time, used by facility managers to detect anomalies and optimize building operations.
• Digital Boiler Room (Digitale Heizungstechnik) Service and digital solution for monitoring and optimizing boiler/heating systems in residential buildings, including remote diagnostics and operational improvements.
• Legionella Testing (Legionellenprüfung) Water sampling and laboratory testing service to verify compliance with drinking water hygiene regulations, offered to landlords and property owners on a per-test or package basis (e.g., €510.82 per test, 4/5/6-test packages).
• Hydraulic Balancing (Hydraulischer Abgleich) Service that balances heating and water distribution systems in buildings to improve efficiency, comfort, and regulatory compliance.
• Drinking Water Treatment (Trinkwasserbehandlung) Solutions for treating and maintaining drinking water quality in residential buildings to protect against stagnation, contamination, and legionella risk.
• Energy Certificates (Energieausweise) Issuance of energy performance certificates required for the sale or rental of buildings, providing standardized information on building energy efficiency.
• One Digital Platform Techem's digital platform that connects metering devices, automates consumption-based billing, and provides data services and APIs to landlords, property managers, and tenants across the company's European footprint.
• Heat Atlas (Wärmeatlas) Information service providing building heat consumption data and benchmarks by region, used by property owners and policymakers to assess energy performance.

Quantifiable outcome

• CO₂e footprint reduced by 11.2% year-over-year to 221,407 tons, achieving 27% reduction from 2020 baseline
• +3 more outcomes

Named customers2 records

Segments2 records

Ideal customer profiles2 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature8 records

Partnerships

Two partnerships are on record, tiered core.

• FuturycoreStrategic or Co-development Partner · 28 April 2026Techem and Futury launched a strategic partnership to drive innovation and sustainability in the Rhine-Main Region, announced on April 28, 2026. The partnership focuses on collaborative innovation and sustainability initiatives in the Rhine-Main metropolitan area.
• Elevion GroupcoreStrategic or Co-development Partner · 5 June 2025Techem sold its energy contracting business (Techem Solutions) to European platform Elevion Group, announced June 5, 2025. This transaction divests Techem's heat contracting operations to a European energy services platform.

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• ista International: ista International is Techem's closest direct competitor, offering submetering and consumption-based billing services for heat, water, and electricity across multi-unit residential buildings primarily in Germany and other European markets.
• Minol Messtechnik: Minol is a long-established German submetering and billing services company competing directly with Techem in heat cost allocation, water metering, and consumption-based billing for housing companies and property managers.
• Brunata: Brunata (Brunata-Hürgens / Brunata International) is a German/Danish direct competitor in heat cost allocation, submetering, and related building services, with overlapping customer base in European multi-unit housing.
• Kalorimeta (KALO): KALO is a German provider of heat cost allocation, metering services, and billing for residential properties, directly competing with Techem in the German submetering and consumption-based billing market.

Broad incumbents

• Diehl Metering: Diehl Metering is a large European manufacturer of metering hardware (heat, water, electricity, gas) and an adjacent participant in submetering solutions, competing with Techem both as a supplier and increasingly as an integrated services provider.
• Kamstrup: Kamstrup is a Danish-based smart metering solutions provider for heat, water, and electricity, serving European utilities and housing markets with comparable metering and remote-reading technology to Techem's offering.
• Itron: Itron is a global smart metering and analytics provider for utilities and cities, operating at a broader scale than Techem and overlapping in AMI/AMR meter hardware, meter data management, and submetering-adjacent analytics.
• Landis+Gyr: Landis+Gyr is a global leader in smart electricity, gas, and water metering and grid management, providing intelligent metering infrastructure that overlaps with Techem's metering point operator and AMI/AMR capabilities.
• ENGIE (ENGIE Solutions / ENGIE Deutschland): ENGIE is a major European energy and building services provider that competes with Techem in building energy management, energy contracting, and increasingly in submetering and EV charging for multi-unit properties.

Emerging players

• EVBox: EVBox is a European EV charging hardware and software provider that competes with Techem's e-charging infrastructure offering for residential and commercial buildings, though it does not provide submetering.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@techem
• LinkedInlinkedin.com/company/techem-spol-s-r-o

Compliance5 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries4 records

Funding overview

Funding rounds1 record

Investors1 record

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Techem