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New Deal


Announced

Advent-backed Aaeron to acquire Arthur.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United Kingdom

Majority

Friendly

Acquisition

Pending

Private

Private Equity

software-as-a-service

Software

Single Bidder

Cross Border

Synopsis

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Advent-backed Aaeron, a provider of ERP software and digital solutions, agreed to acquire Arthur, a London-based company, offers a best-in-class SaaS property management solutions. Financial terms were not disclosed. "By acquiring Arthur, we have taken another step in our profitable growth strategy and are entering the market of small and medium-sized property managers in Great Britain," Manfred Alflen, Aareon CEO.

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