Service Partner ONE

Service Partner ONE

The digital integrated service management platform in Europe for multi-services and related procurement in office facility management.

HQ location
Berlin, Germany
Launch date
Enterprise value
$40—60m
Company register number
HRB 168023 B (Charlottenburg (Berlin))
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DateInvestorsAmountRound
-investor investor

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€0.0

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Acquisition
Total Funding000k

Financials

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Revenues, earnings & profits over time
EUR2016201720182019202020212022
Revenues0000000000000000000000000000
EBITDA0000000000000000000000000000
Profit0000000000000000000000000000
% profit margin-(77 %)-----
EV0000000000000000000000000000
EV / revenue00.0x00.0x00.0x00.0x00.0x00.0x00.0x
EV / EBITDA00.0x00.0x00.0x00.0x00.0x00.0x00.0x
R&D budget0000000000000000000000000000

Source: Company filings or news article

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More about Service Partner ONE
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Service Partner ONE was established in 2015 by co-founders Sven Hock, Nadine Capoen, and Jonas C. Blauth, with initial seed funding from Rheingau Founders. The company launched as a digital platform to streamline office management for businesses. Its core offering centralized the procurement of various office services and supplies, including cleaning, consumables, fruit and beverages, and even skilled tradesmen, all managed through a single interface and consolidated into one invoice. The client base included notable names like McKinsey, Siemens, Twitter, and Spotify. Sven Hock, who served as CEO, brought experience from his time at Innovation Partners and Indiegogo.

The firm initially pursued an aggressive growth strategy, securing approximately $10 million in a significant funding round in mid-2016 from investors such as EQT Ventures, Target Global, and Earlybird. This led to a rapid expansion, with the team growing to over 100 employees. However, this period of high growth was not sustainable. By 2017, the company faced a significant crisis, leading to substantial layoffs and a complete restructuring of the management team. All original founders eventually departed the company, with Philipp Andernach taking over as CEO to navigate the turnaround.

Under new leadership, Service Partner ONE pivoted its business model. It shifted from being a comprehensive but low-margin service aggregator to a software-as-a-service (SaaS) provider focused on facility management. The new product enabled building management companies to digitize and organize their services, manage appointments, and communicate with clients and staff through a dedicated application. This strategic shift proved successful, leading the company back to operational profitability. The turnaround culminated in the acquisition of Service Partner ONE by the German cleaning equipment manufacturer Kärcher in 2019, securing the startup's future and providing Kärcher with a digital platform to expand its own service offerings.

Keywords: office management software, facility management platform, digital procurement, B2B services, workplace management, service aggregation, SaaS, building management solutions, office supplies procurement, vendor management, Kärcher acquisition, Sven Hock, Philipp Andernach, Rheingau Founders, EQT Ventures, integrated facility management, office services automation, commercial cleaning software, workplace operations, Berlin startup

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