What The CHG-MERIDIAN does

CHG-MERIDIAN AG is a privately held German technology lifecycle management company founded in 1979 and headquartered in Weingarten, Germany. Operating under the 'technology2use' model, the company develops, finances, and manages usage-based leasing solutions for IT equipment, industrial technology, and medical devices, serving more than 15,000 customers — including global corporations, public authorities, and hospitals — across 33 countries with a workforce of approximately 1,700 professionals. Its core technology is the TESMA platform, an integrated asset lifecycle management system that provides transparency from device purchase through disposal, complemented by carbonZER0 (carbon-neutral leasing via certified offset projects), eraSURE (certified data erasure for SSDs, hybrid and flash memory devices), and proprietary Technology Centers in Germany and Norway that handle asset collection, refurbishment, and remarketing. The company processes more than one million refurbished devices annually and reports a 95% refurbishment rate, supporting a circular-economy positioning that has been climate-neutral since 2021.

Revenue is generated through a combination of recurring leasing fees and usage-based payments (technology leasing and usage-based financing), transactional resale of refurbished equipment on secondary IT markets, and ancillary operational services such as help desk support, insurance, and certified data erasure. The company operates an enterprise field-sales go-to-market model, with regional Vice Presidents of Sales and Finance covering each geography (e.g., USA, UK/Ireland, ANZ, Brazil, Mexico, APAC) and offering flexible procurement options including centralized OCI integration, manufacturer shop connections, and quote-based B2B transactions. Vertical specialization is structured around three primary use cases — IT Equipment, Industrial Technology, and Healthcare/Medical — with solutions such as Device as a Service (DaaS), industrial fleet management, and hospital budget optimization targeted respectively at each segment.

The business model is differentiated by capital-intensive financing infrastructure, manufacturer-agnostic and bank-independent positioning, and integrated end-to-end lifecycle delivery from a single source. Distribution is anchored by wholly-owned local legal entities across 28+ country jurisdictions, enabling cross-border contract execution and localized remarketing. Strategic emphasis is placed on sustainability and circular-economy outcomes, evidenced by the carbon-neutral operating status since 2021, the 40-year track record in international secondary IT markets, and dedicated ESG-aligned product modules.

Name

The CHG-MERIDIAN

Legal name

CHG-MERIDIAN AG

Website

https://chg-meridian.pl

Company type

Private

Founded year

1979

Operating status

Operating

Short description

CHG-MERIDIAN AG is a privately held German technology lifecycle management company providing usage-based leasing, financing, and asset remarketing for IT, industrial, and medical equipment across 33 countries, serving 15,000+ enterprise, public-sector, and healthcare customers.

Ownership category

akta.pro rank

Product category

Equipment Leasing & Technology Lifecycle Management

NAICS

Electronic and Precision Equipment Repair and Maintenance (811210), Electronic and Precision Equipment Repair and Maintenance (8112)

SIC

Services-Equipment Rental & Leasing, Nec (7359), Services-Miscellaneous Equipment Rental & Leasing (7350)

akta.pro primary industry

IT Asset Lifecycle Services (Procure-to-Retire) (BPAEAOAF)

akta.pro secondary industry

Lease, Warranty & Maintenance Management Services (BPAEAOAL)

Keywords

• Equipment leasing services
• Technology lifecycle management
• IT asset financing
• Industrial equipment leasing
• Refurbished IT remarketing

Headquarters

HQ city

Woodland Hills

HQ country

United States

HQ region

North America

Offices29 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

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

Revenue model

1. Technology Leasing and Usage-Based Financing: Companies pay for the use of technology rather than ownership. The model combines hardware procurement, financing, and lifecycle services into a single usage-based payment structure. Revenue is generated through leasing fees, financing margins, and the difference between original cost and residual value at end of lease.
2. Asset Remarketing: At end of lease, equipment is collected, refurbished, and remarketed on secondary IT markets. The company returns over one million professionally refurbished devices to the economic cycle annually. Revenue generated from resale of refurbished equipment.
3. Remarketing Services: Sale of used and refurbished IT equipment, industrial technology, and medical equipment to secondary buyers. Includes testing, secure data erasure, and preparation to meet quality and performance standards.
4. Operational Services: Additional services including help desk support (Level 1-3), single/double SWAP options, insurance protection, data erasure (eraSURE), and lifecycle extension options.

Pricing tiers

Go-to-market motion1 record

Distribution channels3 records

Marketing channels5 records

Core offering

CHG-MERIDIAN operates a technology2use business model that combines equipment leasing, financing, and end-to-end technology lifecycle management for IT, industrial, and medical assets. The company procures, finances, deploys, manages, and remarkets business technology on behalf of customers through usage-based contracts, complemented by proprietary platforms (TESMA, carbonZER0, eraSURE) and Technology Centers for refurbishment and data erasure.

Product overview

CHG-MERIDIAN operates as a technology2use provider offering a comprehensive lifecycle management platform centered around TESMA for asset tracking and management, complemented by specialized services including carbonZER0 for carbon-neutral leasing, eraSURE for certified data erasure, and Technology Centers for refurbishment and remarketing. The company provides sector-specific solutions across IT (Device as a Service, financing), Industrial (equipment financing, fleet management), and Healthcare (budget optimization), enabling clients to use technology rather than own it through flexible usage-based models.

Differentiator

Problem solved

Functional benefit

Brands

• tesma: A comprehensive asset management platform that provides full transparency throughout the entire asset lifecycle, enabling transparent control from device purchase to disposal, with flexible management options and simple financial control and reporting at global scale.
• carbonZER0
• eraSURE
• carbonZER0®

Products and services

• IT Equipment Financing & Budget Management
• Industrial Equipment Financing
• Healthcare Budget Optimization
• Industrial Fleet Management
• Device as a Service (DaaS)
• TESMA Asset Management Platform
• carbonZER0 Sustainable Leasing
• eraSURE Certified Data Erasure
• Technology Center Services

Quantifiable outcome

• 30% cost reduction in purchases, streamlined processes, optimized capital flow
• +2 more outcomes

Named customers1 record

Segments3 records

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration1 record

Feature4 records

Scale indicators9 records

Recent moves6 records

Expansion highlights6 records

Direct peers

• DLL Group: Rabobank-owned global vendor finance and equipment leasing company operating across IT, industrial, and healthcare verticals. Closest direct competitor in technology lifecycle management with similar vendor-finance/usage-based model.
• Iron Mountain Asset Lifecycle Management: IT asset disposition (ITAD), data destruction, and lifecycle management services for enterprises. Directly comparable on end-of-life remarketing and certified data erasure (eraSURE competes here).
• Ingram Micro Lifecycle: Provides IT asset disposition, refurbishment, and remarketing at scale. Comparable on the device refurbishment and secondary-market resale side of CHG-MERIDIAN's technology center operations.
• ARI Fleet Management: Holman-owned fleet management and leasing company. Comparable in industrial fleet financing and multi-site fleet management, especially relevant to CHG-MERIDIAN's Industrial Technology segment.
• De Lage Landen (DLL subsidiary): DLL's vendor finance arm focused on technology and healthcare verticals. Direct overlap in medical and IT equipment financing with comparable customer profile.

Broad incumbents

• HPE Financial Services: Captive financing arm of Hewlett Packard Enterprise offering IT asset leasing, refresh, and disposition. Comparable in IT asset lifecycle services but tied to HPE hardware portfolio rather than manufacturer-agnostic.
• Cisco Capital: Cisco's captive financing arm offering leasing and lifecycle solutions for networking and IT equipment. Comparable on IT financing and lifecycle, though vendor-captive rather than independent.
• Siemens Financial Services: Captive financing arm of Siemens serving industrial equipment customers with leasing and lifecycle solutions. Direct overlap in industrial equipment financing though captive to Siemens technology.
• Lenovo Financial Services: Captive leasing arm of Lenovo offering DaaS-style programs globally. Competes in IT device financing though restricted to Lenovo hardware.
• IBM Global Financing: Captive financing for IBM hardware and software, including leasing and lifecycle solutions. Comparable IT leasing capability though vendor-captive to IBM stack.

Market position

Strengths4 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

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

Compliance2 records

Revenue estimate

Valuation estimate

Number of profiles

Profiles12 records

Subsidiaries32 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 The CHG-MERIDIAN