Arcus Infrastructure Partners has announced the acquisition of Thermomess Wärmemessdienst, a business specializing in the heating service sector and catering to more than 220,000 apartments throughout Germany, by its portfolio company Officium. Financial terms were not disclosed.
This acquisition takes Officium’s portfolio to almost 3 million devices and more than half a million homes served across 14 subsidiaries, making it the sixth-largest provider of metering and energy services in Germany. It almost doubles its submetering portfolio.
The German submetering market is the largest in Europe, driven by national laws introduced in the 1970s. According to Arcus, it is an attractive market, demonstrating stable growth, sticky customer relationships, countercyclical demand and the ability for submetering businesses to implement above-inflation price increases.
“It is a privilege for Officium to become the partner of choice for Thermomess, a business with a 60-
