Advent International invests in Aareon AG – Advent International

About Advent International

Founded in 1984, Advent International is one of the largest and most experienced global private equity investors. The firm has invested in over 350 private equity transactions in 41 countries, and as of March 31, 2020, had €44 billion in assets under management. With 15 offices in 12 countries, Advent has established a globally integrated team of over 200 investment professionals across North America, Europe, Latin America, and Asia. The firm focuses on investments in five core sectors, including business and financial services; healthcare; industrial; retail, consumer and leisure; and technology. After 35 years dedicated to international investing, Advent remains committed to partnering with management teams to deliver sustained revenue and earnings growth for its portfolio companies.

For more information, visit:

Website: www.adventinternational.com
LinkedIn: www.linkedin.com/company/advent-international

About Aareon AG

Aareon, a wholly owned subsidiary of the Aareon Bank Group, Wiesbaden, is the leading provider of consulting and system services for the European property industry and its partners in the digital age. The Aareon Group provides its customers with ground-breaking and secure solutions in the fields of consulting, software and services to optimise IT-based business processes and expand business models. The international transfer of knowledge within the organisation, user-centric development methods and collaboration with PropTech companies support the continued development and expansion of the Aareon Smart World portfolio. Aareon’s own venture company develops ideas for new services and business models together with the start-up community. Around 3,000 clients of the technology leader manage more than 10 million units across Europe. The Aareon Group is an international company with 40 locations, including 15 in DACH region. In addition to offices in DACH region, the company has representative locations in Finland, France, Great Britain, the Netherlands, Norway and Sweden. Aareon operates its own development company in Romania. The Aareon Group employs over 1,700 people, more than one-third of them outside Germany. In 2019, Aareon generated revenue of around €251.9 million and operating income (EBIT) of €38.8 million.

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For more information, visit: www.aareon.com



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