CHG-MERIDIAN

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.

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

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

• Equipment leasing services
• Asset lifecycle management
• Technology rental solutions
• Device fleet financing
• Circular IT remarketing

Headquarters

HQ city

Weingarten

HQ country

Germany

HQ region

Europe

Offices45 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. 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.
2. 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.
3. 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

Go-to-market motion1 record

Distribution channels1 record

Marketing channels8 records

Core 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

Named customers1 record

Segments4 records

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration18 records

Feature4 records

Scale indicators6 records

Recent moves6 records

Expansion highlights5 records

Direct 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

• YouTubeyoutube.com/channel/UCVP4AS33NLmaV5l4KkIfD-w
• LinkedInlinkedin.com/company/chg-meridian
• Instagraminstagram.com/chgmeridian

Compliance3 records

Revenue estimate

Valuation estimate

Number of profiles

Subsidiaries31 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 CHG-MERIDIAN