Deal announcement: PHM Group divestment to a continuation fund

Type of deal: Divestment

Sector: Property Services

PwC is pleased to have provided financial and tax due diligence services to Norvestor VIII SCSp in their successful divestment of PHM Group Oy, a leading European residential property services provider, to the newly formed continuation fund, Norvestor SPV III SCSp.

Congratulations to the Norvestor team and all parties involved in this successful transaction!

PHM Group Oy operates across multiple European countries, offering essential services to the homes of millions of residents. This strategic divestment will enable PHM to expand its growth through an extensive M&A pipeline, digital innovation, and operational improvements.

Object of Sale: PHM Group Oy

Seller: Norvestor VIII SCSp

Buyer: Norvestor SPV III SCSp

Deal announcement date: 15 July 2025

PwC’s role: Financial and tax vendor due diligence