Aareon takes over Wohnungshelden

Aareon Group has thus acquired its fourth company this year. Wohnungshelden will continue to expand its business model as an independent part of Aareon.

The takeover was signed on August 10, and now Aareon has made it official: the Mainz-based company has swallowed Wohnungshelden. The purchase price has not been disclosed. The Munich-based company will remain an independent part of Aareon with its existing team and continue to work on its market presence. Wohnungshelden's software is currently used by landlords in 750,000 residential units, including cooperatives and church, public and private housing companies.

"Under the umbrella of the Aareon Group as a leading provider of software solutions for the property industry, we will be able to realize further growth potential and further develop our cloud-based solution in a future-oriented manner," says Martin Staudacher, who co-founded Wohnungshelden in 2016. In supporting the letting process, Wohnungshelden primarily guarantees data sovereignty, which remains with the customer at all times, and makes it possible to provide highly customized interfaces.

Aareon Group can look back on a long company history: founded in 1957, the company recorded apartments in data centers and has been integrating new automated and digital solutions into its offering ever since. In recent years, the acquisition of start-ups has become a successful business model. In 2021 alone, it has already acquired its fourth company, Wohnungshelden, the other three being Arthur Online and Tactile from the UK and the Dutch company BriqVest B.V.

CEO Manfred Alflen says of the current takeover of the Munich-based company: "With the digital solution from Wohnungshelden, we are further expanding our product portfolio for the digital rental process."