Kirkland Advises TPG on c. €3.9 Billion Acquisition of Aareon
Kirkland & Ellis is advising TPG on its acquisition, alongside CDPQ, of Aareon, a European provider of Software-as-a-Service (SaaS) solutions for the property industry. The financial terms of the acquisition are based on an enterprise value for Aareon of approximately €3.9 billion. Closing is expected to take place in the second half of 2024, subject to customary closing conditions and approvals.
The Kirkland team was led by corporate partners Adrian Maguire, Vincent Bergin, Philip Goj, Sebastian Häfele, Andrew McAlpine and Jessica Corr; debt finance partners Daniel Borg, Leon Daoud, Fabrice Hipp and Natasha Smith; tax partners Michael Ehret, Frixos Hatjantonas and Mavnick Nerwal; technology and IP transactions partner Jacqueline Clover; antitrust & competition partners Matthew Sinclair-Thomson and Shahrzad Sadjadi; and financial services regulatory partners Julia Dixon and Emma Reid.
