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Acquisition of Tilt Property Software

Aareon subsidiary Arthur Online has acquired Tilt Property Software (RentPro Ltd. und Curo Software Ltd.), a British provider of property management software, further strengthening the Aareon Group’s position in the UK market.

Mainz, 5 July 2021 – Arthur Online, a British subsidiary of Aareon, Europe’s leading provider of property software, signed an agreement on 2 July to acquire all of the shares in RentPro Ltd. and Curo Software Ltd. (United Kingdom), operating to the UK property market under the brand "Tilt Property Software” (Tilt).

Dr. Manfred Alflen, CEO of Aareon AG: “Following our recent acquisitions of Arthur Online and Fixflo in the UK, we are further enhancing our position in the British market for small and medium-sized property managers.”

Marc Trup, CEO of Arthur Online Ltd.: “The acquisition forms part of Arthur’s strategic growth plans and presents a huge opportunity for us as a company, in addition to adding further value to the clients of both Arthur and Tilt.”

About Aareon

Aareon is the leading provider of ERP software and digital solutions for the European property industry and its partners. The Aareon Group offers pioneering and trusted software solutions to optimise business processes and business model development. Around 3,000 clients of the technology leader manage more than 10 million units across Europe. The Aareon Group is an international company with offices in the DACH region, Finland, France, Great Britain, the Netherlands, Norway and Sweden. Aareon operates its own development company in Romania. The Aareon Group employs over 1,800 people, with more than one-third based in its international subsidiaries. In 2020, Aareon generated revenue of around €258 million and adjusted EBITDA of €62 million.

About Arthur Online

Arthur offers a cutting-edge, cloud-native SaaS solution, specifically developed to enhance efficiency with innovative end-to-end solutions. The software enables property managers, landlords and agents to manage their real estate portfolios anytime and anywhere using specially developed apps.  

Founded in 2015 by Marc Trup (CEO), David Cummin (CTO) and Rochelle Trup (CFO), Arthur offers software with an impressive array of powerful, easy-to-operate functions.

About Tilt Property Software

Tilt was one of the first PropTechs for property management software in the British market. With its three different platforms – Origin, Elevate and Affinity – Tilt offers a comprehensive web-based software package for property management. Tilt’s customers are small and medium-sized property managers, real estate agents and social-housing companies.

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