PHM Group

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.

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

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

• Property maintenance services
• Residential cleaning services
• Property management
• Outdoor area maintenance
• Building technology services

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices2 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 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
2. Cleaning Services: PHM Aski residential cleaning services with tiered service packages (Täsmä, Puhdas, Loisto) offered to housing companies
3. Property Management (Isännöinti): Property management services through Kiinteistötahkola acquisition, providing property management, property accounting, and apartment/commercial rental and sales services
4. Specialized Services: Additional services including damage restoration, moisture surveys, drainage services, CCTV drainage inspections, machine and transport services, and renovation construction

Pricing tiers

Go-to-market motion3 records

Distribution channels3 records

Marketing channels5 records

Core 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

Named customers6 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature3 records

Partnerships

Eight partnerships are on record, tiered core and minor.

• KiinteistötahkolacoreStrategic or Co-development Partner · 10 June 2026PHM 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.
• CommunitascoreStrategic or Co-development Partner · 18 March 2026Communitas, 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 OyminorStrategic or Co-development Partner · 1 January 2026PHM 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 OyminorStrategic or Co-development Partner · 1 January 2025PHM 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)coreStrategic or Co-development Partner · 1 May 2023PHM 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 ABcoreStrategic or Co-development Partner · 1 July 2021PHM 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)coreStrategic or Co-development Partner · 1 January 2015PHM 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.
• SefbominorStrategic or Co-development PartnerPHM 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

Direct 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

• LinkedInlinkedin.com/company/phm-group

Revenue estimate

Valuation estimate

Number of profiles

Profiles20 records

Subsidiaries7 records

Funding overview

Funding rounds1 record

Investors1 record

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

M&A1 record

Investments

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

Frequently asked questions about PHM Group