HFL Management Group has sold IESA to Aareon

ARCANO acted as exclusive financial advisor to HFL Management Group on the sale of IESA, a leading developer of software and applications for property administrators and housing associations.


With the transaction, Aareon enters the Spanish market by acquiring the undisputed leader in the region, strengthening its vision of digitising the property management sector in Europe.

Software and applications for property administrators and housing associations

Founded in 1985, IESA was a pioneer with its mission to redefine the future of property management by digitising the sector. As a leading provider of property management software in Spain, IESA offers solutions to optimise workflows and meet the legal  requirements of property administrators and housing associations.
The company's constant innovation, coupled with a strong management team, has resulted in extraordinary growth in recent years and in expected revenues of €32Min 2023.

Founded in 1957, Aareon Group is the leading provider of SaaS solutions for the European real estate industry. 
It is present in countries such as Germany, France, Netherlands, Norway, Sweden, the UK, and now Spain. The company focuses on digitising real estate management, offering useroriented software solutions that simplify and automate processes, supporting.
sustainability, and interconnecting all participants during the process.