Aareon to acquire Apsiyon.

Aareon, a German multinational software company, agreed to acquire Apsiyon, a Turkish cloud-based property management technology company, providing a full-cycle service for property managers managing multifamily buildings, gated-communities and mixed-use developments. Financial terms were not disclosed. The acquisition brings together Aareon’s pan-European scale and sector expertise with Apsiyon’s advanced technology and deep local presence. As part of the Aareon Group, Apsiyon will accelerate innovation, elevate customer experience, and strengthen the Group’s long-term growth in one of EMEA’s largest and fastest-digitizing housing markets.