Go to deals
Private Equity | TMT

Embrace The Human Cloud has been acquired by Aareon

Embrace The Human Cloud (Embrace), a Netherlands-based leading all-in-one customer engagement software company, has been acquired by Aareon, a Germany-based leading provider of SaaS solutions for the European property industry. The acquisition strengthens Aareon’s position as a SaaS PropTech company and emphasizes its international growth strategy by expanding its portfolio in the Netherlands.

Founded in 2001, Embrace, based in Groningen, Netherlands, is the Benelux leader in the digital workspace and customer engagement SaaS market. The company serves clients in various sectors, including public housing, healthcare and local government. The company offers a one-stop shop software solution consisting of portals, social intranet and omnichannel conversation tools, including e-mail, voice, chat, social and messaging tools and (AI) chatbots. Until 2019, Embrace consisted of the individual brands Embrace, Umbrella and Q-Vision.

By joining forces with Aareon, Embrace can further accelerate growth and realize its international growth ambitions. Together with Aareon, Embrace envisages leveraging its market leading position in the Benelux and expanding across Europe. Embrace will continue to operate under its own name, fully independently in the market.

Aareon is the leading provider of ERP software and digital solutions for the European property industry and its partners. The firm offers pioneering and trusted software solutions to optimize business processes and business model development. Aareon is an international company with offices in the DACH region, Finland, France, the UK, the Netherlands, Norway and Sweden. The company employs over 1,800 people, with more than one-third based in its international subsidiaries. Aareon is owned by Aareal Bank (majority) and Advent International (minority), a leading international private equity firm.

Oaklins’ team in the Netherlands served as the exclusive sell-side advisor to Embrace’s shareholders in its sale to Aareon. This transaction emphasizes Oaklins’ deep expertise in Enterprise SaaS and in advising founders and private equity on monetizing industry-leading businesses. Oaklins’ team in Germany provided support and essential intelligence emphasizing the value-add of Oaklins’ global reach.

Parties
“Our goal was to find a strategic buyer for Embrace who not only wants to invest in further growth, but also wants to give us the space to remain independent and, above all, ourselves. Throughout the entire process, Oaklins’ deep industry experience and contacts, together with their pragmatic and result-oriented approach, has helped us find the best partner for Embrace that aligns with our values.”

Martin Holwerda

CEO, Embrace The Human Cloud

Talk to the deal team

 Frederik  van der Schoot

Frederik van der Schoot

Managing Partner
Amsterdam, Netherlands
Oaklins Netherlands
 Jan P.  Hatje

Jan P. Hatje

Managing Partner
Hamburg, Germany
Oaklins Germany
 Jan-Pieter  van Doorn

Jan-Pieter van Doorn

Associate Director
Amsterdam, Netherlands
Oaklins Netherlands
 Koen  Bodewes

Koen Bodewes

Associate
Amsterdam, Netherlands
Oaklins Netherlands
 Baran  Temur

Baran Temur

Associate
Amsterdam, Netherlands
Oaklins Netherlands
 Oscar  van Rijn

Oscar van Rijn

Analyst
Amsterdam, Netherlands
Oaklins Netherlands

Related deals

sigo green GmbH has acquired the assets of sigo GmbH in the context of the insolvency in self-administration
Consumer & Retail | Real Estate | TMT

sigo green GmbH has acquired the assets of sigo GmbH in the context of the insolvency in self-administration

sigo GmbH has sold its assets as part of a transferring reorganization to sigo green GmbH.

Learn more
Global Transport Solutions has acquired Ship Spares Logistics
Private Equity | Logistics

Global Transport Solutions has acquired Ship Spares Logistics

Global Transport Solutions has acquired Ship Spares Logistics from Burando Maritime Services.

Learn more
Tax Consult HR Tax & International Mobility acquired by Moore Belgium, a portfolio company of Waterland
Private Equity | Business Support Services

Tax Consult HR Tax & International Mobility acquired by Moore Belgium, a portfolio company of Waterland

Tax Consult HR Tax & International Mobility (Tax Consult HR Tax & IM) has joint forces with Moore Belgium, a portfolio company of Waterland.

Learn more