Mainz/Freiburg, June 13, 2024 - Aareon and Haufe Group have signed an agreement for the acquisition of Haufe-Lexware Real Estate AG (HLRE) by Aareon. HLRE, a German provider specialising in software for the property industry, particularly housing management, is to be further developed and placed on a sustainable foundation under the umbrella of Aareon.
In recent years, Haufe Group has successfully strengthened its strategic focus as a B2B provider of content, software and training for corporate services with a broad, cross-industry market orientation. HLRE's highly specialised solutions, however, address very specific customer groups in a concentrated market segment of property managers and housing companies.
Birte Hackenjos, CEO of Haufe Group, explains: "As part of the strategic alignment of Haufe Group, we have intensively considered the future of the company in close exchange with HLRE. We are convinced that a forward-looking transformation of HLRE requires clear focus and full commitment. With Aareon as the new holding company, we offer HLRE as well as its customers a long-term perspective outside Haufe Group. Aareon is the ideal partner with whose support HLRE can develop and further expand the full potential of its solutions."
Aareon, Europe's established provider of SaaS solutions for the property industry, is dedicated to supporting the industry with its comprehensive Property Management System in tackling its diverse challenges. The transaction will enable Aareon to enhance its efforts in the housing manager segment and ensure stability for all HLRE solutions and customers.
Harry Thomsen, CEO of Aareon, emphasises: "We are excited to provide HLRE with a new home and look forward to shaping a successful future together. The acquisition underlines the growing strategic importance of the housing management sector for Aareon and demonstrates our firm commitment to the property industry. The transformation of HLRE to a SaaS provider goes hand in hand with Aareon's direction, presenting new growth opportunities for HLRE."
The closing of the transaction is expected for June 30, 2024. The parties have agreed to maintain confidentiality about the purchase price.
About Haufe Group:
Haufe Group is a leading B2B provider of integrated business and workplace solutions. The family business supports people and companies in their business development and in successfully shaping transformation processes. With content, software and training. The family-owned company based in Freiburg im Breisgau, Germany, is broadly positioned to support customers on their own path into the future with a wide range of solutions. Haufe Group currently employs around 2,700 people at 12 locations. The Haufe Group’s best-known brands include Haufe, Haufe Akademie and Lexware, and over one million customers from the DACH region rely on the services of Haufe Group – from solo freelancers to all DAX 40 companies.
About Haufe-Lexware Real Estate:
Haufe-Lexware Real Estate, as part of Haufe Group SE, is a leading provider of holistic ERP software solutions for the real estate and housing industry. As a future partner of the industry, Haufe-Lexware Real Estate accompanies customers on their digital path and connects ERP software with partner tools.
About Aareon:
Aareon is Europe’s trusted provider of SaaS solutions for the property industry, leading the charge towards a digital future.
Passionately committed to connecting people, process, and property, Aareon brings the ecosystem closer together. Our Property Management System, powered by smart software solutions, promotes efficient property management and maintenance, enabling superior digital experiences for everyone involved. In our continuous pursuit of innovation, Aareon remains the industry’s reliable partner, inspiring positive change for sustainable spaces for all.
With a dedicated team of around 2,000 professionals, Aareon achieved pro forma revenues of € 410 million and a pro forma Adjusted EBITDA of € 137 million in 2023.
Press Contacts:
Haufe Group SE
Munzinger Str. 9, 79111 Freiburg
haufegroup.com
Regina Glaser
Corporate Communications
T +49 761 898-3415
presse@haufegroup.com
Aareon AG
Issac-Fulda-Allee 6, 55124 Mainz
aareon.com I aareon.de
Karin Veyhle
Corporate Communications
T +49 6131 301-732
karin.veyhle@aareon.com
