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New Deal


Announced

Aareon to acquire Fixflo.

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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Maintenance Repair and Overhaul (MRO)

Acquisition

Friendly

property repairs

Cross Border

Single Bidder

maintenance management software

United Kingdom

Private

Pending

Majority

Synopsis

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Aareon, a provider of systems and consulting services for the European property industry, agreed to acquire Fixflo, a provider of property repairs and maintenance software. Financial terms were not disclosed. "By acquiring this high-growth SaaS company in the market for residential property managers, we are further expanding our market position in the UK. Clients will be able to benefit from our increasing product offering," Manfred Alflen, Aareon CEO.

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