What Gruppo Fervo does

Gruppo Fervo is an Italian group of companies headquartered in Nova Milanese that delivers integrated facility and energy management services across the entire building lifecycle — from engineering design and general contracting through installation, maintenance, and energy optimization — for real estate owners, logistics operators, retailers, financial institutions, healthcare providers, and public administration clients. Its operating subsidiaries include FSI (technical services), FSI General Contractor, Eco2zone (ESCo and photovoltaic), VME (green areas and urban planning), Omnireal (digital products), and the recently acquired BayWa r.e. Power Solutions (photovoltaic systems); partner cooperative Reclean delivers soft services, while the FAME joint venture with Al-Jabr Investments extends the model into Saudi Arabia.

The technology stack centers on proprietary, trademarked systems: Eco2Air, a Direct Air Capture (DAC) technology using biological, biodegradable filters to absorb CO2 and reduce PM10/PM2.5 by over 95%; FEAMS, a patented Facility & Energy Asset Management System that integrates IoT sensors with pre-existing building systems for real-time monitoring and predictive maintenance; Service 4.0, an AI/IoT/AR-enabled maintenance framework; and OverBoard, a building energy management platform acquired from Over SpA in 2025 with 3,500 active installations. The Group operates from seven Italian offices, manages over 2.5 million square meters, and runs more than 1,100 projects per year.

Revenue is generated primarily through managed service contracts (technical and energy management, photovoltaic systems, general contracting) and professional services (engineering, consulting, training, environmental and safety advisory), with custom pricing tied to scope and client requirements. Go-to-market is sales-led, combining direct enterprise field sales with inside sales, supplemented by channel partners (Reclean) and the FAME joint venture for Middle East expansion. FY2025 consolidated turnover was €65 million (excluding FAME and Reclean partners), with the Group targeting €120M+ under an industrial plan backed by a 2026 structured financing package.

Name

Gruppo Fervo

Legal name

FERVO S.R.L.

Website

https://fervogroup.eu

Company type

Private

Founded year

2009

Operating status

Operating

Headcount range

51–100 employees

Short description

Gruppo Fervo is an Italian integrated facility and energy management group serving real estate, logistics, retail, banking, healthcare, and public sector clients across Italy and the Middle East, combining proprietary DAC and IoT/AI asset management technology with a seven-subsidiary operating model.

Ownership category

akta.pro rank

Product category

Facility & Energy Management

akta.pro primary industry

Energy & Sustainability Management (Energy Audits/Optimization/Carbon & ESG Programs) (IMAIAAAM)

Keywords

• Facility management services
• Energy management solutions
• Building maintenance services
• Energy efficiency consulting
• Technical facility services

Headquarters

HQ city

Nova Milanese

HQ country

Italy

HQ region

Europe

Offices8 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Technical & Energy Management Services: Core revenue from integrated facility and energy management services including plant construction, maintenance, technical services, energy efficiency, and building management across entire lifecycle.
2. Engineering Services: Engineering design services for works and services, including technical and economic needs analysis, executive project design, safety documentation, and contract management support.
3. Training Services: Complete range of training courses covering environment, quality, occupational health and safety legal requirements and obligations.
4. Environmental & Safety Consulting: Consulting on environment, health, and occupational safety with integrated approach for design and implementation of management systems oriented to certification.
5. Green Area Maintenance: Planning and maintenance of green areas, urban planning, and building renovation through VME subsidiary.
6. Photovoltaic Systems: Design, installation, and maintenance of photovoltaic systems through Eco2zone ESCo, including assistance with incentives and subsidies applications.
7. General Contracting: Construction and project management services for complex building projects through FSI General Contractor subsidiary.
8. Cleaning & Concierge Services: Cleaning, reception, concierge and security services through partner Reclean cooperative.

Go-to-market motion3 records

Distribution channels5 records

Marketing channels6 records

Core offering

Gruppo Fervo delivers integrated Advanced Facility & Energy Management services for buildings and real estate assets across their full lifecycle, from engineering design and plant construction to operation, maintenance, energy efficiency, ESCo services, photovoltaic systems, green area management and soft services. The offering combines technical service delivery with proprietary digital and decarbonization technologies (Eco2Air DAC, FEAMS platform, Service 4.0 with AI/IoT/AR, OverBoard BEMS) to help property owners and managers reach Net Zero Carbon targets.

Product overview

Gruppo Fervo is an Italian group of companies offering integrated Advanced Facility & Energy Management services under a single-partner model. The portfolio spans: Fervo (Holding) as coordinating entity; Fsi and Fsi General Contractor for technical services and general contracting; Eco2zone as ESCo for energy efficiency and photovoltaic solutions; Vme for green area and urban planning; Omnireal for digital products; BayWa r.e. Power Solutions (acquired) for photovoltaic systems; and partner Reclean for cleaning services. The technology stack includes proprietary products: Eco2Air and Eco2Air Tower (CO2 capture/DAC technology installed in AHUs or as standalone towers), FEAMS (patented asset management and energy optimization platform), and Service 4.0 (AI/IoT/AR-powered maintenance framework). The recent Over/OverBoard acquisition adds building energy management capabilities.

Differentiator

Problem solved

Functional benefit

Brands

• Eco2Air: Proprietary Direct Air Capture (DAC) system integrated with advanced pyrolysis/activation process for CO2 capture from atmosphere, installed in air handling units (AHUs) to create 'virtual forests' in buildings
• Feams
• Service 4.0
• FAME
• Innovation Hub

Products and services

• Integrated Facility & Energy Management (FSI) Realization, operation and maintenance of all building systems (thermomechanical, electrical, fire protection, lifting and special systems) delivered through Service 4.0 digital technologies; for property owners, asset managers and corporate customers needing single-partner full-lifecycle building management.
• General Contracting (FSI General Contractor) Construction and project management for complex building projects including electrical and thermomechanical installations, design and build of plant works; for public and private clients needing integrated construction delivery.
• Energy Efficiency & ESCo Services (Eco2zone) Energy service company (ESCo) solutions to increase building energy efficiency and environmental sustainability, including energy audits, energy management, incentive/subsidy application support and UNI CEI 11352-certified performance-based contracts; for property owners and corporate customers seeking guaranteed energy savings.
• Photovoltaic Systems (Eco2zone and BayWa r.e. Power Solutions) Design, installation and maintenance of photovoltaic systems, including assistance with Italian incentive and subsidy applications; for property owners, industrial facilities and commercial buildings seeking on-site solar generation.
• Green Area Maintenance & Urban Planning (VME) Planning and maintenance of green areas, urban planning and building renovation; for municipalities, real estate owners and corporate campuses needing integrated landscape and urban space management.
• Cleaning, Reception, Concierge & Security Services (Reclean) Soft facility services including cleaning, reception, concierge and security delivered through the cooperative partner Reclean; for corporate offices, healthcare facilities and public buildings requiring integrated soft services.
• Eco2Air Direct Air Capture System Proprietary Direct Air Capture (DAC) CO2 capture system integrated with advanced pyrolysis/activation process, using a biological and biodegradable filter (including coffee grounds) installed in Air Handling Units and standalone Eco2Air Towers; reduces PM10 and PM2.5 by over 95%, absorbs over 500 kg of CO2 per year per tower, with filter regenerable and reusable for up to 7 years. Targets property developers and real estate owners pursuing Net Zero Carbon buildings.
• FEAMS Facility & Energy Asset Management System Proprietary digital software platform for asset management and optimization providing real-time monitoring of building data through customizable dashboards, IoT sensor integration with pre-existing systems, predictive maintenance, anomaly detection and energy performance optimization; for facility managers and property owners needing centralized asset visibility.
• OverBoard Building Energy Management System Digital BEMS platform for energy remote control, data analysis and monitoring that optimizes energy consumption and integrates smart energy management systems; serves banks, retailers and other multi-site operators across 3,500 active installations acquired through the Over SpA business unit.
• Service 4.0 Facility Operations Framework Technology-enabled facility operations framework applying AI, IoT, augmented reality and dashboard technologies to plant operation and maintenance for predictive maintenance, real-time monitoring, work order automation and efficient process management; for facility managers needing augmented operations across complex building portfolios.
• Engineering Design Services Engineering design services for works and services including technical and economic needs analysis, executive project design, safety documentation and contract management support; for clients requiring technical design input for construction and plant engineering projects.
• Environmental, Health & Safety Training Services Complete range of training courses covering environment, quality, and occupational health and safety legal requirements and obligations; for client organizations needing certified workforce training to meet compliance obligations.
• Environmental & Safety Consulting Services Consulting on environment, health and occupational safety with integrated approach for design and implementation of management systems oriented to certification (ISO 14001, ISO 45001); for client organizations pursuing certification or improving EHS performance.
• FAME Middle East Advanced Facility & Energy Management Advanced Facility & Energy Management services delivered in Saudi Arabia and the wider Middle East through the FAME (Fervo Al-Jabr Middle East) joint venture with Al Jabr Investments, targeting the Saudi Vision 2030 opportunity; for real estate owners, developers and public sector clients in the Middle East.
• Omnireal Digital Solutions Design and development of digital products including the FEAMS platform, AI, IoT, metaverse technologies and software/hardware improvements for smart real estate management; for the group's internal operations and external customers requiring digital transformation of real estate assets.

Quantifiable outcome

• PM10 and PM2.5 reduction of over 95% with Eco2Air technology
• +5 more outcomes

Named customers18 records

Segments7 records

Ideal customer profiles6 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

AI capability6 records

Feature5 records

Partnerships

Seven partnerships are on record, tiered minor and core.

• LeganceminorOthers · 1 June 2026Legal advisor providing support for the financing transaction.
• Over SpAcoreTechnology or Integration · 1 January 2025Acquisition of Over SpA's business unit dedicated to energy remote control. Strategic M&A adding advanced technological assets including data analysis, monitoring for energy consumption optimization, and integrated smart energy management systems. Over brings 3,500 active installations in high-value banking and retail sectors.
• Al Jabr InvestmentscoreStrategic or Co-development Partner · 1 May 2023Saudi Arabian real estate company partnering with Fervo to establish FAME (Fervo Al-Jabr Middle East) joint venture for Advanced Facility & Energy Management in Saudi Arabia. Al Jabr provides local presence, network, and strong reputation while Fervo contributes knowledge, technologies, and digital solutions. The JV aims to become top 5 players in the Middle East market within 5 years, riding opportunities under Saudi Vision 2030 plan.
• Ing. Ottonello Tomaso & C. SrlminorStrategic or Co-development Partner · 1 January 2022Ligurian company acquired in 2024 specializing in plant engineering sector with experience in design, installation and maintenance of technological, thermomechanical and fire-fighting systems. Creates synergy with FSI General Contractor for integrated electrical and thermomechanical services.
• ProBrixiaminorStrategic or Co-development Partner · 1 January 2022Collaboration with ProBrixia and Municipality of Brescia for Eco2Air Tower installation during FuoriFutura event, showcasing CO2 capture technology in urban setting.
• Pininfarina ArchitectureminorStrategic or Co-development Partner · 1 January 2021Design partnership for Eco2Air Tower 2021, winning Green Good Design Award 2022 from Chicago Athenaeum for design with positive impact on human environment.
• RecleanminorChannel Partner/ Reseller/ Distributor · 1 January 2016Cooperative company partnership for cleaning, reception, concierge and security services. Partner since 2016, completing the integrated Facility and Energy Management service offering.

Scale indicators9 records

Recent moves10 records

Expansion highlights6 records

Direct peers

• Reverberi Enetec: Italian mid-market player in integrated facility management and energy services for real estate and industrial clients. Comparable in size, geography and integrated-service positioning to Fervo.
• Manutencoop: One of the largest Italian integrated facility and energy management groups, with overlapping hard/soft FM, energy efficiency and multi-site customers. Closest direct competitor by geography and service scope.
• Siram: Italian FM and energy management provider with a similar integrated model spanning technical services, energy efficiency and soft FM for public and private clients. Direct competitor on Italian FM contracts.

Broad incumbents

• Schneider Electric: Global leader in building energy management systems (EcoStruxure) and energy efficiency software. Adjacent competitor through the FEAMS/OverBoard BEMS layer and a key technology reference point for Fervo's digital stack.
• Siemens Smart Infrastructure: Global provider of building automation, energy management and digital building solutions. Competes in the same BEMS and smart-building category that underpins Fervo's Service 4.0 / FEAMS proposition.
• Engie Italia: Italian arm of global energy/FM major, offering integrated facility management, ESCo services and energy efficiency across enterprise and public-sector real estate. Competes head-to-head on large multi-site tenders.
• Honeywell Building Technologies: Major global BEMS and building automation player with strong installed base in commercial real estate and industrial sites. Relevant competitor for the digital/energy-management slice of Fervo's offering.
• Equans (formerly Cofely): European multi-technical services and integrated FM leader (Engie spin-off), with strong Italian operations. Competes with Fervo on hard FM, energy services and large multi-site contracts.

Emerging players

• CBRE Group: Both a customer (real estate services) and partial competitor through CBRE's FM and building advisory practices. Relevant because it sits on the same enterprise RFPs and increasingly bundles FM/energy services.

Others

• BayWa r.e. (Group): German-headquartered renewables group whose Italian PV unit (BayWa r.e. Power Solutions) was acquired by Fervo in 2025. Sister/parent group to Fervo's PV subsidiary and a relevant upstream partner/peer in solar EPC.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks7 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/fervogroup
• Xx.com/fervo10

Compliance12 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles4 records

Subsidiaries10 records

Funding overview

Funding rounds

Investors

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 Gruppo Fervo