Intera Partners has divested its stake in PHM Group to Norvestor, marking a successful exit after driving substantial growth for the Finnish property services provider.

Information on the Target

Intera Partners has announced its exit from PHM Group, a prominent provider of property services, as Norvestor's newly established continuation fund acquires Intera's stake in the company. PHM Group stands as one of the most significant growth success stories in the Finnish service sector. Under Intera's ownership, PHM transitioned from a local company with a turnover of €40 million to an international operator functioning in seven countries, employing 14,000 professionals, and generating over €1.1 billion in revenue.

PHM Group is a leading real estate services consortium specialized in the maintenance of residential properties and the enhancement of living environments. The organization comprises strong local firms supported by corporate and country-level expertise and resources.

Industry Overview in Finland

The Finnish property services industry has experienced significant transformation over the past few years, driven by increasing demand for professional management and maintenance of re