Announced
Financials
Sources
Tags
Maintenance Repair and Overhaul (MRO)
Acquisition
Friendly
property repairs
Cross Border
Single Bidder
maintenance management software
United Kingdom
Private
Pending
Majority
Synopsis
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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