Aareon eyes UK expansion with Tilt deal
Aareon Group subsidiary Arthur Online has acquired Tilt Property Software in a further expansion by Aareon into the UK market.
Having bought Fixflo in May and Arthur Online in January, Aareon said it is further enhancing its position in the British market for SME property managers.
Tilt comprises three platforms – Origin, Elevate and Affinity – that provide services to small letting agents, property managers and social housing providers. Formerly known as RentPro, Tilt was an early mover in property innovation, launching in 2004.
Arthur Online brings together property managers, owners, tenants and contractors in one platform, streamlining management processes for a number of sectors, such as student housing, social housing, agency, PRS and other commercial assets. The company has more than 1,000 clients who manage a total of 90,000 units.
Marc Trup, CEO of Arthur Online, said: “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.”
Aareon, one of the leading providers of ERP software in Europe, has been growing its presence in the UK in recent years. When it bought Fixflo in May, the company said the acquisition was part of that strategy and that it would increase Fixflo’s R&D budget to drive further growth.
Among its services, Aareon offers a digital platform – Aareon Smart World –for all property management processes. These include CRM solutions, document management systems, mobile applications, internet-based service portals and more.
The acquisition of Arthur Online, Fixflo and now Tilt have aligned with Aareon’s focus on SMEs and – particularly in the case of Fixflo’s repair and maintenance platform – widened the amount of services it offers its 3,000 clients across Europe.