Several interim resources to support PHM Group’s growth

PHM Group is an international property services group that has expanded its operations to several countries in Europe in recent years. The company’s headquarters and group functions are based in Helsinki.

The collaboration between PHM and NIS began at the end of summer 2023, when the group’s Group Financial Controller went on parental leave and the role was filled with an interim resource. Later that year, the finance organization in PHM’s Swedish operations was strengthened by an interim Financial Controller, where the right candidate was found via NIS in Sweden.

The collaboration continued in 2024 with additional assignments. PHM’s Finnish operations needed an interim Business Controller during parental leave, and towards the end of the year another interim role was filled when the group’s Group Business Controller went on parental leave.

“For us, hiring an interim resource was an easy and flexible way to meet a temporary resource need. Finding a qualified person for a demanding short-term role is basically impossible, and the need often arises at short notice – then interim solutions are an excellent alternative. Through NIS, we have found strong candidates for several roles, and their experience from PHM has also facilitated the filling of new roles and the onboarding of interim resources,” says PHM Group’s CFO Petri Pellonmaa.

Rapid growth created challenges beyond ongoing reporting

PHM Group’s strategy is based on strong growth through acquisitions, and the group acquires new companies on a monthly basis. The large number of acquisitions makes a smooth integration of new companies crucial, not least to ensure correct reporting.

“Integrating new companies into the group’s reporting, often under time pressure, posed challenges beyond the regular monthly work. An effective integration work required smooth cooperation between different functions and between several countries,” says Justus Salminen, who worked as interim Group Business Controller.

During the collaboration, PHM Group also conducted negotiations regarding the refinancing of the group and a transition to the owner's continuation fund.

"The group's active growth through acquisitions, both in existing markets and through expansion into new ones, together with other financial projects, created a unique environment where I had the opportunity to learn a lot of new things," summarizes Justus.

PHM Group

PHM Group is a property services group that is currently active in eight countries (Finland, Sweden, Norway, Denmark, Germany, Switzerland, the United Kingdom and the Netherlands) and consists of nearly 250 local companies. In total, the group employs approximately 15,400 people in property services.