Sale of a full-service building management and services provider with offices in the Ruhr region and in Hamburg
ImmoKonzept Facility GmbH (part of the ImmoKonzept Group), based in Bochum, was founded in 2010, initially as a sole trader in the heart of the Ruhr region. Over the past few years, the one-man business has grown into an established provider of full-service building management and services, with around 70 employees and offices in the Ruhr region and in Hamburg.
ImmoKonzept Facility offers comprehensive property management services – ranging from property management and facility management, through technical maintenance and caretaker services, to façade cleaning and the upkeep of green and hard landscaping. Its clients include, amongst others, (property) investment companies, family offices and property development companies, which have benefited from a bespoke all-in-one solution and consistently positive business growth in recent years.
Through the managing director of our Finnish company in Helsinki, contact was established with PHM Deutschland GmbH, a company within the Finnish PHM Group.
The PHM Group brings together more than 250 locally and regionally active building management service providers across several European countries, thereby offering ImmoKonzept Facility a strong network, economies of scale and international prospects. Through this merger, ImmoKonzept Facility becomes part of an internationally positioned group that is also looking to expand its presence in the Ruhr region.
The result: a sustainable succession plan, security for the workforce and additional development opportunities for the company.
Project Lancastrian – Trust Property Management Group
International property services group, PHM Group, is set to acquire UK-based Trust Property Management Group (Trust Group), in a deal led by FRP Corporate Finance.
Established in 2006, the Trust Group operate in the London metropolitan area and specialise in the management of residential properties and other expert services in the field of property management. Over the years, the company has successfully built a client portfolio consisting of high-value properties within premium postcodes in Central London and surrounding areas. Trust Group now manages more than 11,000 homes across the country, with a team of 59 office-based staff and 91 site based staff.
Headquartered in Finland, PHM Group has seen strong growth in European countries in recent years, first expanding outside the Nordic countries into Germany in 2022, then extending into the Swiss market in 2024. The acquisition of Trust Group expands operations into the UK and provides a platform to build a full-service residential property company in the UK market.
The acquisition includes the Group’s subsidiaries Trust Property Management, Fresh Property Management, Nightingale Chancellors, Dexter Brown, and Skylon Chartered Surveyors. As part of PHM Group, Trust’s business will continue as usual. The transaction is expected to be completed by July 2025 and is contingent on the approval of the UK Financial Conduct Authority (FCA).
Our Corporate Finance team were appointed sell-side advisers to the shareholders of Trust Property Management Group based on the team’s strong credentials, experience and reputation within the property management sector.