CHG-MERIDIAN
CHG-MERIDIAN is a privately held German technology leasing and asset lifecycle management provider, serving enterprise, industrial, healthcare, and public-sector customers across 30+ countries with proprietary tesma and technology2use® platforms.
- Company typePrivate
- Founded1979
- HeadquartersWeingarten, Germany
- Headcount1–10
- GTM typeB2B
- OfferingServices
What CHG-MERIDIAN does
CHG-MERIDIAN is a privately held German Aktiengesellschaft headquartered in Weingarten that provides technology leasing and asset lifecycle management services to enterprise, industrial, healthcare, and public-sector customers. Founded in 1979 and operating across more than 30 countries with approximately 1,700 professionals, the company finances and manages IT, industrial-technology, and healthcare-technology assets from acquisition through end-of-life, including certified data erasure, refurbishment, and remarketing. A stated throughput of more than 1 million devices refurbished annually, combined with climate-neutral operations achieved in 2021, anchors its positioning around sustainable, circular IT and technology asset management.
The company's underlying technology consists of two named proprietary assets: the technology2use® process framework, which standardizes the asset lifecycle from deployment through remarketing, and the tesma platform, which supports contract management, asset tracking, and end-of-lease workflows. Operational capabilities extend to in-house refurbishment, multi-grade device assessment, and certified decommissioning under ISO 27001, GDPR, and CCPA compliance regimes. The subsidiary devicenow GmbH is retained as a separate brand for device lifecycle and refurbishment services.
CHG-MERIDIAN generates revenue through multi-year technology leasing and rental contracts on IT, industrial, and healthcare equipment, supplemented by end-of-lease services and secondary-market device remarketing. Go-to-market is exclusively direct enterprise field sales with no reseller channel, and pricing is contract-specific to enterprise and public-sector customers. Vitesco Technologies is cited as a documented customer with a 30% cost reduction outcome, illustrating the value proposition for industrial-technology clients.
CHG-MERIDIAN firmographics
Firmographics- Name
- CHG-MERIDIAN
- Legal name
- CHG-MERIDIAN AG
- Website
- https://chg-meridian.de
- Company type
- Private
- Founded year
- 1979
- Operating status
- Operating
- Headcount range
- 1–10 employees
- Short description
- CHG-MERIDIAN is a privately held German technology leasing and asset lifecycle management provider, serving enterprise, industrial, healthcare, and public-sector customers across 30+ countries with proprietary tesma and technology2use® platforms.
- Ownership category
- akta.pro rank
CHG-MERIDIAN industry classification
Industry- Product category
- Equipment Leasing & Asset Lifecycle Management
- NAICS
- Commercial and Industrial Machinery and Equipment Rental and Leasing (5324), Consumer Electronics and Appliances Rental (532210)
- SIC
- Services-Computer Rental & Leasing (7377), Services-Equipment Rental & Leasing, Nec (7359)
- akta.pro primary industry
- Lease, Warranty & Maintenance Management Services (BPAEAOAL)
- akta.pro secondary industry
- IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF)
Keywords
Where CHG-MERIDIAN is headquartered
LocationHeadquarters
- HQ city
- Weingarten
- HQ country
- Germany
- HQ region
- Europe
Offices45 records
Markets served
CHG-MERIDIAN business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales
Revenue model
- Technology Leasing/Financing: Core business model providing usage-based technology financing. Companies pay for technology access rather than ownership, maintaining liquidity while staying current with technology. Includes flexible lease structures with options to extend terms or return equipment.
- Remarketing of Used Equipment: Sale of professionally refurbished used IT equipment through structured remarketing processes. Returns more than one million professionally refurbished devices annually to the economic cycle.
- Operational Services: Supplementary services including consulting, procurement support, rollout management, technical support (1st-3rd level, 5-7 days, 8-24 hours), asset management, data deletion, logistics, and end-of-lease management.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Other | Multi-year contract | Custom quote-based pricing |
Go-to-market motion1 record
Distribution channels1 record
Marketing channels8 records
CHG-MERIDIAN product offering
Product offeringCore offering
CHG-MERIDIAN provides technology leasing and full asset lifecycle management for businesses and public-sector organizations, bundling the supply of devices and equipment, financing, and a menu of service options under its "technology2use" model. Customers pay recurring lease and service fees while the company retains ownership of the assets, manages deployment, and handles end-of-life refurbishment, data erasure, and remarketing through its proprietary tesma platform.
Product overview
CHG-MERIDIAN offers technology usage-based solutions under the technology2use® brand, providing a comprehensive lifecycle management platform for IT, industrial, and healthcare technology assets. The core offering combines three pillars: Devices/Assets (procurement and equipment management), Financial Services (leasing and financing solutions), and Service Options (support, sustainability, and data security services). The tesma platform serves as the proprietary asset management system enabling full lifecycle transparency from planning and rollout through device return and data erasure. End-of-lease services include device return, condition assessment (Grade A-D grading system), locked device management, logistics, data deletion at technology centers in Groß-Gerau and Skien, and remarketing of professionally refurbished devices.
Differentiator
Problem solved
Functional benefit
Brands
- technology2use®: The company's core service concept emphasizing usage-based technology solutions rather than ownership—nutzen statt besitzen (use instead of own).
- tesma
Products and services
- technology2use (Equipment & Device Leasing)
Quantifiable outcome
- 30% cost reduction for enterprise customer (Vitesco Technologies)
- +1 more outcomes
Companies that use CHG-MERIDIAN
Customer profileNamed customers1 record
Segments4 records
Ideal customer profiles1 record
CHG-MERIDIAN technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Integration18 records
Feature4 records
CHG-MERIDIAN partnerships and signals
Strategic signalScale indicators6 records
Recent moves6 records
Expansion highlights5 records
CHG-MERIDIAN competitors and assessment
Company assessmentDirect peers
- DLL Group: Rabobank-owned global vendor finance and equipment leasing company serving IT, industrial, healthcare, and agricultural sectors. Directly comparable in business model (asset lifecycle leasing) and vertical mix, with a similar global footprint.
- Grenke AG: German-listed specialist in IT equipment leasing and factoring for SMEs and enterprises. Comparable as a European IT-centric leasing specialist with a recurring revenue model and active secondary-market remarketing.
Broad incumbents
- CIT Group: US-based commercial finance company providing equipment leasing and capital solutions across multiple industries. Comparable on the B2B equipment leasing business model.
- Dell Financial Services: Captive finance arm of Dell Technologies, providing leasing and DaaS for Dell enterprise hardware. A primary competitor in IT leasing, encompassing both purchase and as-a-service models.
- BNP Paribas Leasing Solutions: Bank-affiliated pan-European equipment leasing business covering IT, industrial, healthcare, and agricultural equipment. Comparable in cross-border enterprise leasing and vertical diversification.
- HP Financial Services: Captive finance arm of HP Inc. providing leasing and lifecycle services for HP hardware. Directly competing in IT equipment leasing, restricted to the HP product ecosystem.
- Siemens Financial Services: Captive financing arm of Siemens covering industrial equipment, healthcare technology, and digital industry. Comparable on the industrial and healthcare leasing verticals, though embedded in a much larger industrial conglomerate.
- De Lage Landen: Rabobank subsidiary offering vendor and equipment finance across IT, healthcare, food, and agricultural sectors globally. Comparable in vendor-finance model and global multi-vertical leasing.
- Ricoh Capital: Captive financing arm of Ricoh for office equipment, IT, and document management. Comparable in usage-based equipment financing and end-of-life asset management.
Emerging players
- Lenovo Financial Services: Captive financing arm of Lenovo for IT hardware leasing and DaaS. A newer entrant in the leasing space, competing primarily through OEM-bundled offerings.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
CHG-MERIDIAN social profiles
Digital presenceCHG-MERIDIAN compliance and trust
Trust signalCompliance3 records
CHG-MERIDIAN financial estimates
Financial estimateRevenue estimate
Valuation estimate
CHG-MERIDIAN leadership team
Management profileNumber of profiles
CHG-MERIDIAN subsidiaries and ownership
Company hierarchySubsidiaries31 records
CHG-MERIDIAN funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
CHG-MERIDIAN M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about CHG-MERIDIAN
What does CHG-MERIDIAN do?
CHG-MERIDIAN provides technology leasing and full asset lifecycle management for businesses and public-sector organizations, bundling the supply of devices and equipment, financing, and a menu of service options under its "technology2use" model. Customers pay recurring lease and service fees while the company retains ownership of the assets, manages deployment, and handles end-of-life refurbishment, data erasure, and remarketing through its proprietary tesma platform.
Is CHG-MERIDIAN a public or private company?
CHG-MERIDIAN is a private company. It is classified as corporate owned and is currently operating.
When was CHG-MERIDIAN founded?
CHG-MERIDIAN was founded in 1979. It employs 1 to 10 people.
Where is CHG-MERIDIAN based?
CHG-MERIDIAN is headquartered in Weingarten, Germany, in the Europe region.
How does CHG-MERIDIAN make money?
Three revenue lines are on record. Technology Leasing/Financing is the primary driver. The others are remarketing of Used Equipment and operational Services.
Who are CHG-MERIDIAN's main competitors?
Direct peers on record are DLL Group and Grenke AG. Broad incumbents are CIT Group, Dell Financial Services, BNP Paribas Leasing Solutions, HP Financial Services, Siemens Financial Services, De Lage Landen and Ricoh Capital. Lenovo Financial Services is listed as an emerging player.
Does CHG-MERIDIAN have an API?
No public API is recorded for CHG-MERIDIAN.
What industry is CHG-MERIDIAN in?
CHG-MERIDIAN's product category is Equipment Leasing & Asset Lifecycle Management. Its primary akta.pro industry code is BPAEAOAL, Lease, Warranty & Maintenance Management Services, with a secondary code of BPAEAOAF, IT Asset Lifecycle Services (Procure-to-Retire). Its NAICS code is 5324 and its SIC code is 7377.