Habeo

What Habeo does

Habeo Group Oy is a Helsinki-headquartered, privately held building technology services conglomerate founded in 2022 and controlled by the private equity firm Triton. The company operates as a roll-up of 26 wholly-owned Finnish regional subsidiaries that together employ approximately 1,350 building technology professionals and generate approximately €265 million in annual revenue (FY2025), serving customers nationwide across Finland through both commercial and public-sector channels.

The platform spans the full spectrum of building technology services, including HVAC installation and maintenance (LVI-urakointi ja huolto), electrical contracting and telecom networks, building automation (including KNX/DALI), cooling and refrigeration technology, fire suppression systems, security systems, indoor air quality, EV charging, street lighting networks, and energy solutions tied to renewable and solar power. Sub-brands such as Afire (fire suppression), ESP (full LVISA services), Reflink/SFT/Vaasan Kylmäkone (refrigeration), Respect (renovation), HSK Sähkö, Terawatt, and Paretec retain their original identities while operating under the Habeo umbrella, allowing local customer relationships and technical specialties to be preserved alongside group-level functions in procurement, M&A, HR, and business development.

Commercially, Habeo runs an enterprise field-sales model with project-based, quote-driven pricing — services are customized per scope, location, and requirement, with multi-year contracts on the maintenance side. Customer segments are horizontally distributed across residential housing companies, commercial and industrial clients, public-sector municipalities, and private individuals, yielding a broad customer base evidenced by reference projects for Bob W (hospitality), Osuuskauppa KPO (retail), Raision Kaupunki and XAMK (education), and Kempele Municipality (government). Customer outcomes are materially above industry norms (NPS of 70 vs. industry average 39; 86% repeat-purchase intent), supporting the strategic case for continued acquisition-driven consolidation of the Finnish building technology services market.

Name

Habeo

Legal name

Habeo Group Oy

Website

https://habeo.fi

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

501–1,000 employees

Short description

Habeo Group Oy is a Triton-backed Finnish building technology services conglomerate operating 26 regional subsidiaries with ~1,350 professionals and ~€265M revenue, providing HVAC, electrical, fire safety, refrigeration, security, and automation services to residential, commercial, public-sector, and industrial customers across Finland.

Ownership category

akta.pro rank

Product category

Building Technology Services

NAICS

Plumbing, Heating, and Air-Conditioning Contractors (238220), Plumbing, Heating, and Air-Conditioning Contractors (23822)

SIC

Services-To Dwellings & Other Buildings (7340)

akta.pro primary industry

HVAC & Refrigeration Contracting (IMAFALAB)

Keywords

• Building technology services
• HVAC installation
• Electrical contracting
• Facility maintenance services
• Fire safety systems

Headquarters

HQ city

Helsinki

HQ country

Finland

HQ region

Europe

Offices9 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. Building Technology Installation and Contracting: Core revenue stream from building technology installation, renovation, and contracting services including HVAC, electrical, plumbing, ventilation, cooling and refrigeration systems, fire safety, and security systems.
2. Maintenance and Repair Services: Ongoing maintenance and repair services for building technology systems, including 24/7 emergency services and scheduled maintenance contracts.
3. Project-based Contracts: Large-scale construction and renovation projects including new construction, renovation contracts, and specialized industrial projects.

Pricing tiers

Go-to-market motion2 records

Distribution channels3 records

Marketing channels4 records

Core offering

Habeo Group operates an alliance of 26 regional building technology companies delivering comprehensive HVAC, electrical, plumbing, fire safety, cooling/refrigeration, building automation, security, EV charging, street lighting and fiber network installation, contracting, renovation and maintenance services across Finland. Customers receive end-to-end building technical services either directly from Habeo Group or through one of its locally branded subsidiaries such as ESP, TRP Group, LVI-Pitkälä, Terawatt, Afire and others.

Product overview

Habeo Group is a platform of 26 regional building technology companies offering comprehensive services through their portfolio of specialized subsidiaries. The offering spans 14 core service categories including HVAC installation and maintenance, electrical contracting, cooling and refrigeration, fire suppression, security systems, building automation, energy solutions, EV charging, street lighting, indoor air quality, and certified thermal imaging. The portfolio includes acquired sub-brands (Afire, Airdone, ESP, Exsane, Helsingin LVI-Huolto, Jäämatic, Kaakkurin Putki, KRS-Yhtiöt, Kuusamon Sähköpalvelu, LVI-Pitkälä, Neloset, Pasilan LVIS-Palvelut, Paretec, PKK Sähkö, Putkityö KV, Reflink, Respect Project, Säätö ja Asennus Grav, Sähkö Oy, SFT Finntekniikka, Terawatt, Vaasan Kylmäkone, Vieskan Sähköpalvelu, Whitech) that collectively cover the full spectrum of building technology services across Finland.

Differentiator

Problem solved

Functional benefit

Brands

• Habeo Ref (SFT Group): Refrigeration and cooling technology group within Habeo consisting of SFT Finntekniikka, Vaasan Kylmäkone, and Reflink Engineering
• ESP-konserni
• Neloset Yhtiöt

Products and services

• Energiaratkaisut (Energy Solutions) Energy solutions and renewable energy installations that support sustainable building operation and reduce energy costs for residential, commercial and public sector properties.
• Jäähdytys- ja kylmätekniikan ratkaisut (Cooling and Refrigeration Solutions) Cooling and refrigeration system installation and service for energy-efficient temperature control across various building types and applications, delivered via subsidiaries including SFT Finntekniikka, Reflink, Jäämatic and Vaasan Kylmäkone.
• Katuvalaistusverkot (Street Lighting Networks) Design, construction and lifecycle maintenance of street lighting networks and outdoor lighting infrastructure for municipalities and public sector clients.
• Korjausrakentamisen palvelut (Renovation Services) Building renovation services covering HVAC, electrical, plumbing and automation works to bring aging properties up to current functional, safety and energy efficiency requirements, delivered via Respect Project, KRS-Yhtiöt, Helsingin LVI-Huolto and other renovation-focused subsidiaries.
• LVI-urakointi ja huolto (HVAC Installation and Maintenance) Full LVI (lämpö, vesi, ilmanvaihto) contracting and maintenance services — heating, water, ventilation and air conditioning installation and ongoing maintenance for residential, commercial and industrial properties, delivered via LVI-Pitkälä, LVI-Neloset, Pasilan LVIS-Palvelut, Kaakkurin Putki, Helsingin LVI-Huolto, Putkityö KV and others.
• Rakennusautomaatio (Building Automation) Building automation design, installation and maintenance delivering intelligent property management, operational reliability and improved usability, delivered via Säätö ja Asennus Grav and other automation-capable subsidiaries.
• Sähkö- ja televerkot (Electrical and Telecom Networks) Installation and maintenance of electrical networks, data cabling and telecommunications infrastructure for buildings, delivered via Exsane, HSK Sähkö, TRP Group, Terawatt and other electrical subsidiaries.
• Sähköautojen latausratkaisut (EV Charging Solutions) Design, installation and maintenance of EV charging infrastructure for residential housing companies and commercial properties, supporting changing user needs.
• Sähköurakointi ja -huolto (Electrical Contracting and Maintenance) Full electrical contracting, design and maintenance for new construction and renovation projects across all property types, delivered via subsidiaries including Sähkö Oy, HSK Sähkö, TRP Group, Terawatt, Paretec, Vieskan Sähköpalvelu, Kuusamon Sähköpalvelu and PKK Sähkö.
• Sammutusratkaisut (Fire Suppression Solutions) Fire suppression systems including traditional sprinklers, low/high-pressure water mist, gas and foam systems, designed and installed to meet the highest safety requirements, delivered via subsidiary Afire Oy.
• Sisäilmakorjaukset (Indoor Air Quality Corrections) Remediation services improving indoor air quality and comfort in properties, addressing ventilation performance, building hygiene and energy efficiency.
• Turvallisuusjärjestelmät (Security Systems) Security system design, installation, maintenance and 24/7 service covering camera surveillance (CCTV), access control and smoke extraction, delivered via Whitech Oy and Paretec Oy.
• Afire - Fire Suppression Systems Afire Oy delivers fire suppression systems (sprinklers, water mist, gas and foam) to commercial, industrial and public sector properties across Finland.
• Airdone - Ventilation Technology Services Airdone Oy provides ventilation technology services including duct cleaning, airflow measurement and adjustment, ventilation machine maintenance, and surveys and video inspections.
• ESP - Building Technology Group ESP Suomi Oy and ESP Group companies deliver comprehensive building technology (LVISA) services covering new construction and renovation for commercial and residential properties.
• Exsane - Electrical and Fiber Network Services Exsane Oy delivers electrical contracting, street lighting and fiber optic network design, construction and maintenance across multiple regional offices.
• Helsingin LVI-Huolto - HVAC and Electrical Services Helsingin LVI-Huolto Oy provides full-service HVAC and electrical (LVIS) contracting and maintenance for residential and commercial properties in the Helsinki metropolitan area and neighbouring municipalities.
• Jäämatic - Refrigeration Technology Jäämatic Oy delivers refrigeration technology solutions, equipment and maintenance primarily to customers in the Pirkanmaa region of Finland.
• Kaakkurin Putki - HVAC Contracting Kaakkurin Putki offers HVAC contracting, welding, steel construction and ventilation measurement and adjustment work throughout Finland.
• KRS-Yhtiöt - Renovation Services KRS-Yhtiöt Oy delivers complete LVIA (heating, water, ventilation, automation) renovation services with experience in historic and challenging properties.
• LVI-Pitkälä - HVAC Services LVI-Pitkälä Oy provides HVAC (heating, water, air conditioning, refrigeration) services including large industrial projects and rapid-response HVAC maintenance across Finland.
• Neloset - Building Technology and Construction Group Neloset Yhtiöt (LVI-Neloset, Rakennus-Neloset, Sähköpalvelu Neloset, RAU-Neloset) renovates and maintains residential and commercial properties offering HVAC, construction, electrical and building automation services.
• Pasilan LVIS-Palvelut - Southern Finland HVAC Pasilan LVIS-Palvelut Oy provides commercial LVI contracting, pipe renovation, maintenance work and HVAC contracts in Southern Finland.
• Paretec - Electrical, Security and Building Automation Paretec Oy delivers electrical, security, fire, building automation and telecom systems for commercial spaces, hospitals and industry, with ongoing maintenance and service.
• Reflink - Cold Technology Design and Automation Reflink Engineering Oy provides design, commissioning and automation deliveries for cold and cooling systems, serving customers throughout Finland.
• Respect Project - Renovation Services Respect Project serves commercial space renovations and housing company renovations with full renovation services.
• Sähkö Oy (Turku ja Helsinki) - Electrical Contracting Sähkö Oy delivers comprehensive electrical contracting solutions from design to installation for properties in Turku and Helsinki regions.
• SFT Finntekniikka - Refrigeration Industry Services SFT Finntekniikka Oy provides cold industry services and refrigeration system solutions for properties, stores, restaurants, hospitals, electrical rooms and industrial clients.
• Terawatt - Electrical Contracting and Design Terawatt Oy provides electrical contracting, design and EV charging, solar power and energy storage for new construction and renovations across Finland.
• TRP Group - LVIS Contracting and Maintenance TRP Group Oy provides LVIS (heating, water, ventilation, air conditioning, electrical, sewer) contracting, electrical contracting, HVAC, laundry and kitchen equipment services in the Turku region.
• Vaasan Kylmäkone - Cold Equipment Services Vaasan Kylmäkone offers cold equipment and refrigeration system sales, installation, maintenance, design and sizing services.
• Vieskan Sähköpalvelu - Electrical Contracting Vieskan Sähköpalvelu Oy provides electrical contracting, maintenance and complete solutions for electrical and security systems serving industry, businesses and private customers.
• Whitech - Safety and Security Systems Whitech Oy designs, implements and maintains electrical technical devices and systems related to personal and property safety, efficiency and comfort.

Quantifiable outcome

• Customer NPS of 70 (industry average 39)
• +2 more outcomes

Named customers6 records

Segments4 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Broad incumbents

• NCC: Leading Nordic construction and property-development company with substantial Finnish operations. Competes with Habeo for building technology scopes on commercial and infrastructure projects but competes more broadly as a general contractor.
• SRV Yhtiöt: Finnish construction developer with significant building services capacity for commercial and public projects. Comparable in Finnish geographic footprint and customer overlap, but a broader construction-led player versus Habeo's specialized building-tech focus.
• Skanska: Major Nordic-origin construction and project-development group with building-services operations across Sweden, Finland, and the wider Nordics. Overlaps Habeo in HVAC/electrical installation and maintenance within Finnish commercial and public-sector projects.
• YIT Corporation: Finland's largest construction and real-estate developer; inherited Lemminkäinen talotekniikka's building services arm and serves the same public/private-sector customers as Habeo. Broad incumbent because building tech is one segment within a wider construction and development portfolio rather than a pure-play.
• Lujatalo: Finnish family-rooted construction group with building technology and renovation services for residential and commercial customers. Geographic and product overlap with Habeo, but construction rather than building-tech focused.
• Apleona: European real-estate and facility-services provider with technical building management, HVAC, and energy-related services across Germany and other European markets. Compares as a multi-country roll-up in adjacent facility/building-services categories.
• Peab: Swedish construction and civil-engineering group with a building services arm serving Nordic residential and commercial customers. Overlaps with Habeo on multi-trade installation/maintenance work but operates under a broader construction-led model.

Direct peers

• Consti: Finnish publicly listed renovation and building technology specialist focused on residential housing companies, commercial properties, and public-sector buildings. Direct comparable in Finnish geography and renovation-led building tech service model.
• Assemblin (incl. former Caverion): Combined Nordic multi-trade building tech services group (Assemblin + Caverion, merged 2024) with significant Finnish operations spanning HVAC, electrical, security, and automation. Direct comparable in market, service mix, and customer base; Jani Piiroinen's previous role at 'Assemblin Caverion Group' is documented in Habeo leadership bios.
• Bravida Group: Sweden-headquartered multi-trade building tech roll-up (HVAC, electrical, security) acquired Nordic regional contractors to reach >SEK 24B revenue. Direct comparable: same buy-and-aggregate playbook across the Nordics, same customer profile (residential, commercial, public sector).

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights7 records

Customer concentration

• LinkedInlinkedin.com/company/habeogroup

Revenue estimate

Valuation estimate

Number of profiles

Profiles7 records

Subsidiaries26 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 Habeo