PHM Group
PHM Group is a Helsinki-headquartered property services company operating a network of 248 locally-branded subsidiaries across 8 countries, delivering property maintenance, cleaning, technical, and management services to residential housing companies, commercial properties, and institutional customers, with consolidated revenue of EUR 1,261 million.
- Company typePrivate
- Founded1989
- HeadquartersHelsinki, Finland
- Headcount5,001–10,000
- GTM typeB2B
- OfferingServices
What PHM Group does
PHM Group is a Helsinki-headquartered property services company providing comprehensive maintenance, cleaning, technical, and management services to residential housing companies, commercial properties, and institutional customers across eight European countries and the United States. The company operates a decentralized network of 248 locally-branded subsidiaries that retain their original names and customer relationships while benefiting from centralized procurement, digital platforms, and capital backing from Norwegian private equity firm Norvestor, which acquired the majority stake in March 2020 from Intera Partners. As of December 2025 the group employs approximately 15,400 people and reports consolidated revenue of EUR 1,261 million.
The service portfolio spans property maintenance (heating, water and sewage, electrical, alarm systems), outdoor area care, property technology (building automation, HVAC), green services, professional residential cleaning via the PHM Aski sub-brand, repair construction, damage renovation and moisture services, sewer and CCTV drainage maintenance, machine and transport services, and full property management (isännöinti) including accounting and rental/sales brokerage. The digital layer comprises PHM Digital — a free platform included in maintenance contracts that consolidates housing company administration, maintenance, and resident communications for unlimited board users — and Realnode, a Swedish-originated property management platform acquired with Flow Fastighetsvärden AB in July 2021 that integrates financial, technical, and maintenance workflows with mobile access.
Revenue is generated primarily through recurring subscription-based contracts with housing companies and enterprises, supplemented by quote-based pricing for specialized services and project work. Go-to-market combines a sales-led acquisition model targeting profitable property service companies with EUR 2-20 million in revenue (targeting local entrepreneurs who retain operational roles), the unified 'PHM Way of Sales' framework spanning all eight operating countries, and direct enterprise field sales through 248 local company relationships. The group pursues continuous geographic and vertical expansion via acquisitions, with recent moves including the 2024 Switzerland entry (Investis Real Estate Services), the 2026 U.S. partnership with Communitas, and the pending Kiinteistötahkola acquisition extending PHM into Finnish isännöinti services.
PHM Group firmographics
Firmographics- Name
- PHM Group
- Legal name
- PHM Group Services Oy
- Website
- https://phmgroup.fi
- Company type
- Private
- Founded year
- 1989
- Operating status
- Operating
- Headcount range
- 5,001–10,000 employees
- Short description
- PHM Group is a Helsinki-headquartered property services company operating a network of 248 locally-branded subsidiaries across 8 countries, delivering property maintenance, cleaning, technical, and management services to residential housing companies, commercial properties, and institutional customers, with consolidated revenue of EUR 1,261 million.
- Ownership category
- akta.pro rank
PHM Group industry classification
Industry- Product category
- Property Maintenance Services
- NAICS
- Residential Property Managers (531311), Real Estate Property Managers (53131), Janitorial Services (561720)
- SIC
- Services-To Dwellings & Other Buildings (7340), Real Estate Agents & Managers (For Others) (6531)
- akta.pro primary industry
- Grounds, Landscaping & Exterior Services (BPABAAAD)
- akta.pro secondary industries
- Association Maintenance, Vendor & Capital Project Management (BPAJAHAM), Hard Services (MEP/HVAC, Electrical, Plumbing) (BPABAAAA)
Keywords
Where PHM Group is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices2 records
Markets served
PHM Group business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Marketing or Sales, Technology or R&D, Infrastructure
Revenue model
- Property Maintenance Services: Core property maintenance services including building maintenance, outdoor area care, property technology, and green services provided through 248 local companies across 8 countries
- Cleaning Services: PHM Aski residential cleaning services with tiered service packages (Täsmä, Puhdas, Loisto) offered to housing companies
- Property Management (Isännöinti): Property management services through Kiinteistötahkola acquisition, providing property management, property accounting, and apartment/commercial rental and sales services
- Specialized Services: Additional services including damage restoration, moisture surveys, drainage services, CCTV drainage inspections, machine and transport services, and renovation construction
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Monthly | PHM Aski Täsmä - Basic package for new or small housing companies |
| Subscription | Monthly | PHM Aski Puhdas - Standard package for all housing companies |
| Subscription | Monthly | PHM Aski Loisto - Premium package for properties with commercial spaces or high hygiene requirements |
| Freemium | Monthly | PHM Digital - Digital service for housing companies |
Go-to-market motion3 records
Distribution channels3 records
Marketing channels5 records
PHM Group product offering
Product offeringCore offering
PHM Group delivers comprehensive property maintenance, cleaning, outdoor area care, property technology, green services, repair construction, damage renovation, sewer maintenance, and property management services to residential housing companies, commercial properties, healthcare facilities, and social housing providers across eight countries. The company operates through a decentralized network of 248 locally-branded service companies supported by proprietary digital platforms (PHM Digital, Realnode) and the PHM Aski cleaning sub-brand.
Product overview
PHM Group is a property services company offering a comprehensive portfolio of services organized around a platform-plus-modules model. The core digital platforms include PHM Digital (a property management digital platform for housing companies) and Realnode (a Swedish digital platform for property and housing company management acquired through Flow Fastighetsvärden AB). PHM Aski is a dedicated cleaning service sub-brand offering three service packages for residential properties. The company provides integrated property services including property maintenance, outdoor area maintenance, property technology, green services, cleaning services, repair construction, damage renovation, sewer maintenance, machine and transport services, and property management (isännöinti) services. These services are delivered through over 60 local companies operating under their own familiar names across Finland, supported by the digital platforms that enable unified administration and communication.
Differentiator
Problem solved
Functional benefit
Brands
- PHM Digital: Digital platform for residential property management, allowing property companies to manage administrative tasks, maintenance, and resident communications
- PHM Aski
Products and services
- Kiinteistöhuolto (Property Maintenance)
Quantifiable outcome
- Water savings: Aski-based residential cleaning saves over 6 million liters of water annually
- +2 more outcomes
Companies that use PHM Group
Customer profileNamed customers6 records
Segments4 records
Ideal customer profiles4 records
PHM Group technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
PHM Group partnerships and signals
Strategic signalPartnerships
Eight partnerships are on record, tiered core and minor.
- KiinteistötahkolacorePHM Group agreed to acquire Kiinteistötahkola, a Finnish property management company founded in 1977. The acquisition strengthens PHM's position as a comprehensive local property services partner in Finland. Kiinteistötahkola specializes in property management, property accounting, and apartment/commercial rental and sales services across 15 locations with approximately 600 experts.
- CommunitascoreCommunitas, a U.S.-based community property management company serving over 42,000 homeowners across 700 communities, has joined PHM Group to support its growth in the United States. The partnership allows continued operation under existing leadership and aims to expand through organic development and partnerships with other property service businesses across the United States.
- HH-kiinteistöpalvelut OyminorPHM Finland Oy acquired HH-kiinteistöpalvelut Oy, a long-established property service company in Tampere founded in 1972. The company provides property maintenance and cleaning services for residential and commercial properties, with additional services including green services, roof safety, high-rise work, graffiti removal, HVAC and building automation, renovation services, and security services.
- Kotipolun Pihaportti OyminorPHM Finland Oy acquired Kotipolun Pihaportti Oy, a property maintenance company founded in 2007 serving the Loimaa region. Services include property maintenance, cleaning, plumbing services, glass services, and carpet services.
- Mehiläinen (Sosiaalipalvelut)corePHM Finland's local companies have maintained close and effective cooperation with Mehiläinen's nursing care units since May 2023. PHM provides property maintenance services for approximately 40 nursing care units out of 300 total properties. Services include indoor and outdoor property maintenance, planning and development work, focusing on local communication and proactivity.
- Flow Fastighetsvärden ABcorePHM Group's largest acquisition at the time (July 2021) brought Flow Fastighetsvärden AB with approximately EUR 25 million revenue and 20 locations across Central and Southern Sweden. The acquisition included the Realnode digital platform for property management and maintenance, significantly advancing PHM Group's digitalization.
- Y-Säätiö (M2-Kodit)corePHM Finland local companies have been property maintenance and service partners for Y-Säätiö for approximately 10 years. In October 2025, the partnership expanded significantly when Y-Säätiö's M2-Kodit properties transferred to PHM's maintenance. Services include outdoor area care, building technology, indoor maintenance, and cleaning.
- SefbominorPHM Group acquired the entire share capital of Sefbo as part of its continued growth and expansion strategy.
Scale indicators14 records
Recent moves12 records
Expansion highlights6 records
PHM Group competitors and assessment
Company assessmentDirect peers
- ISS A/S: Danish-headquartered global integrated facility services company operating across cleaning, property maintenance, technical services and workplace experience. Closest publicly traded analog to PHM's IFM-plus-local-roll-up model across multiple countries.
- Coor Service Management: Sweden-based integrated facility management provider serving Nordic corporate and real estate clients with multi-service delivery (cleaning, property maintenance, technical services). Directly comparable in Nordic geographic focus and IFM service mix.
- Apleona Group: Germany-headquartered facility management and real estate services provider operating across building technology, cleaning, maintenance, and integrated services. Closest European FM peer with similar multi-service offering in Germany where PHM has expanded via Schultz Gruppen.
- FirstService Residential: North America's largest residential property management company serving condominium, HOA, and high-rise communities. Direct comparable to the Communitas/U.S. expansion vector of PHM's residential housing-company customer base.
- HSB (HSB Sverige / HSB Finland): Swedish cooperative housing association providing residential property services to member housing companies (bostadsrättsföreningar). Closest peer to PHM's taloyhtiö customer profile in the Swedish market and a benchmark for housing-cooperative service delivery.
- Associa: U.S.-headquartered community management company serving homeowner associations, condominium associations, and master-planned communities. The principal U.S. competitor to PHM/Communitas for HOA property management.
Broad incumbents
- Sodexo: France-headquartered global facility services and food services major. Competes in the broader IFM category but operates at substantially larger scale and across non-overlapping food services; PHM is a niche specialist by comparison.
- Bilfinger: German industrial services and building technology group offering consulting, engineering, and facility services. Broad incumbent with overlapping technical/property services capabilities and a German footprint overlapping PHM Germany.
Regional players
- Riksbyggen: Swedish cooperative housing organization offering property management, construction, and development services to member housing cooperatives. Comparable service profile to PHM but Sweden-only; complements (rather than overlaps) PHM Nordic operations.
Emerging players
- Newsec: Nordic-headquartered full-service real estate advisory and property management firm serving commercial and residential real estate owners. Comparable in Nordic property management/agency services and a potential tuck-in or roll-up target for PHM's residential business.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
PHM Group social profiles
Digital presencePHM Group financial estimates
Financial estimateRevenue estimate
Valuation estimate
PHM Group leadership team
Management profileNumber of profiles
Profiles20 records
PHM Group subsidiaries and ownership
Company hierarchySubsidiaries7 records
PHM Group funding detail
Funding detailFunding overview
Funding rounds1 record
Investors1 record
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
PHM Group M&A and investment
M&A and investmentM&A1 record
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about PHM Group
What does PHM Group do?
PHM Group delivers comprehensive property maintenance, cleaning, outdoor area care, property technology, green services, repair construction, damage renovation, sewer maintenance, and property management services to residential housing companies, commercial properties, healthcare facilities, and social housing providers across eight countries. The company operates through a decentralized network of 248 locally-branded service companies supported by proprietary digital platforms (PHM Digital, Realnode) and the PHM Aski cleaning sub-brand.
Is PHM Group a public or private company?
PHM Group is a private company. It is classified as private equity controlled and is currently operating.
When was PHM Group founded?
PHM Group was founded in 1989. It employs 5,001 to 10,000 people.
Where is PHM Group based?
PHM Group is headquartered in Helsinki, Finland, in the Europe region.
How does PHM Group make money?
Four revenue lines are on record. Property Maintenance Services are the primary driver. The others are cleaning Services, property Management (Isännöinti) and specialized Services.
Who are PHM Group's main competitors?
Direct peers on record are ISS A/S, Coor Service Management, Apleona Group, FirstService Residential, HSB (HSB Sverige / HSB Finland) and Associa. Broad incumbents are Sodexo and Bilfinger. Riksbyggen is listed as a regional player. Newsec is listed as an emerging player.
Does PHM Group have an API?
No public API is recorded for PHM Group.
What industry is PHM Group in?
PHM Group's product category is Property Maintenance Services. Its primary akta.pro industry code is BPABAAAD, Grounds, Landscaping & Exterior Services, with a secondary code of BPAJAHAM, Association Maintenance, Vendor & Capital Project Management. Its NAICS code is 531311 and its SIC code is 7340.