Conservice

Conservice is a utility management and expense management platform primarily serving the multifamily real estate sector. The company processes utility billing, expense management, and submetering for property managers and owners via its proprietary Synergy platform. It expanded into ESG/sustainability reporting through the acquisition of Goby (now Conservice ESG). In late 2025, private equity firm TPG acquired a majority stake from TA Associates, backed by a $1B+ private credit package, signaling continued consolidation in the PropTech/utility management space.