Jamieson is pleased to announce that it has advised the management team of Aareon on the sale from Aareal Bank and Advent to TPG and CDPQ.
Headquartered in Mainz, Aareon is a European provider of Software-as-a-Service (SaaS) solutions for the property industry. The company’s Property Management System facilitates efficient and sustainable property management and maintenance. Aareon’s portfolio supports seamless, automated end-to-end processes, linking property managers and owners across both residential and commercial real estate sectors. The transaction and partnership with TPG will grant Aareon access to additional resources and expertise, fostering innovation and further growth. Alongside TPG, CDPQ, a global investment group, will co-invest into the deal. Advent will also remain involved by investing new equity for a minority interest.
Stuart Coventry, Jack Yang (both London office), Felix Rose, Sabrina Goetz and Philip Stahl (all Frankfurt Office) advised the management team on their reinvestment into the new structure and the economic terms of the management equity program going forward.