Partners Group and a consortium of minority investors are acquiring Techem, a leading provider of digital energy solutions for the real estate sector, for EUR 6.7 billion to enhance its growth and sustainability initiatives.

Information on the Target

Techem, based in Eschborn, Germany, is an internationally recognized provider of digitally enabled solutions for the real estate sector. Established in 1952, the company specializes in energy services, including resource management, residential health, and building efficiency. With a robust customer base of over 440,000 clients spanning 18 countries and servicing more than 13 million dwellings, Techem excels in offering submetering solutions that drive substantial environmental and economic advantages. The company’s advanced technology enhances fair cost allocation, contributing to reduced energy consumption and emissions.

Techem’s core services align with global sustainability imperatives, as the real estate sector is responsible for approximately 40% of global CO2 emissions. The company has installed around 62 million devices worldwide, emphasizing its significance in driving the decarbonization efforts of the industry. Techem’s strategic vision is to leverage its state-of-the-art devices to further advance its commitment to long-term environmental goals.

Industry Overview in Germany

Germany's real estate sector is undergoing a profound transformation, increasingly focused on sustainability and energy efficiency. Recent regulatory requirements are compelling property owners and managers to integrate digital solutions into their operations, thereby enhancing efficiency and r