Deals & Cases
MLL Legal advised PHM Group Oy on the acquisition of the real estate services business of Investis Group
On 6 June 2024, PHM Group Oy signed an agreement on acquiring the entire Real Estate Services business of Investis Group.
The transaction includes the share capital of the companies named hauswartprofis AG, PRIVERA AG, Olbara AG, Rohr AG, Home Service Aktiengesellschaft, Hauswartung und Gartenpflege, analysis lab sa and Aatest AG, as well as the support and administrative services company Valores AG. The purchase price to be paid is CHF 230 million and the cash and debt-free purchase price to be paid is CHF 240 million. The transaction is expected to be completed during the second quarter of 2024.
The companies included in the transaction have 2,285 employees and their consolidated revenue for the financial year that ended on 31 December 2023 amounted to approximately CHF 180.8 million.
PHM Group is a property services provider operating in Finland, Sweden, Norway, Denmark and Germany. It expanded into Central Europe in 2022 by first entering the German market. Expanding into Switzerland enables PHM Group to continue to execute the company’s growth strategy in Europe.
The MLL Legal team is being led by L. Mattias Johnson and Sergio Bortolani (Partners Corporate/M&A) and includes Chloé Corger, Karim Steiner and Vital Lüthi (Associates Corporate/M&A), Renato Bucher (Partner Competition Law) and Lina Elmazi (Junior Associate).
