Aareon is the leading provider of ERP software and digital solutions for the European property sector and its partners. The IT company is a subsidiary of Aareal Bank AG, which holds 70 % of the shares. 30 % of the shares are held by Advent International.
Aareon Group offers pioneering and secure consulting, software and service solutions for optimizing IT-based business processes and expanding business models. Through international research & development, including cross-border know-how transfer, clients benefit from the expertise of the entire Group. User-centric development methods and cooperation with PropTech companies promote the further development and expansion of the Aareon Smart World portfolio. Through its own venture company, Aareon also develops ideas for new services and business models together with the start-up scene.
Across Europe, around 3,000 clients of the technology leader manage more than 10 million units. Aareon Group is represented internationally with 40 locations, 16 of which are in the DACH region. In addition to the DACH region, the company has representative offices in Finland, France, the UK, the Netherlands, Norway and Sweden. In Romania, Aareon operates a development company. Aareon Group employs over 1,800 people, more than a third of whom work in the international subsidiaries. In 2020, Aareon recorded sales revenues of € 258.1 million and generated Adjusted EBITDA of € 62.1 million.
Portfolio Aareon Smart World
The digital ecosystem Aareon Smart World connects companies in the property industry as well as related sectors with their customers, employees and business partners and can interconnect technical devices, both in individual apartments and entire buildings. Processes can be redesigned and optimised as a result. The applications help to reduce costs, create new business models by interlinking all participants, and enhance the dialogue between tenants/owners and housing-industry employees. The core element of the Aareon Smart World is formed by Aareon’s country-specific ERP systems. These systems can be connected to other digital solutions. These include service portals for maintenance and CRM solutions with services for tenants and owners. What is more, customers can benefit from the solutions provided by our PropTech partners.