Aareon AG Acquires Fixflo

TPG to Acquire Aareon from Aareal Bank and Advent International for ~€3.9B

June 24, 2024

Cloud & SaaS

TPG, with CDPQ co-investing and Advent International reinvesting as a minority investor, will acquire Aareon — a Mainz-based European SaaS provider for the property industry — in a transaction valuing the business at approximately €3.9 billion. Aareal Bank and Advent are selling their stakes (Advent will reinvest a minority interest); closing is expected in H2 2024 and the deal is intended to provide Aareon with resources to accelerate product innovation and growth as an independent company.

GLORY Acquires Flooid from Inflexion Private Equity Partners

December 26, 2023

Cloud & SaaS

GLORY Ltd, through its UK subsidiary Glory Global Solutions (International) Ltd, has agreed to acquire 100% of Flooid, a Coventry‑headquartered provider of cloud‑native unified commerce and retail POS software, from Inflexion Private Equity Partners. The acquisition is intended to expand GLORY’s software annuity revenue and unified commerce capabilities, accelerating Flooid's global reach through GLORY’s existing retail relationships; the deal is subject to shareholder approval and a completed share purchase agreement.

Axius Water Acquires S&N Airoflo, Inc.

August 14, 2025

Environmental Services

Axius Water, a PE-backed provider of nutrient management solutions, has acquired S&N Airoflo, Inc., a Greenwood, Mississippi-based supplier of surface aeration systems. The add-on expands Axius's nutrient removal and lagoon/oxidation ditch aeration capabilities and brings energy-efficient floating brush rotor technology into its portfolio.

AAR Corp. Acquires HAECO Americas from HAECO Group

November 3, 2025

Aerospace & Defense

AAR Corp. has acquired HAECO Americas from HAECO Group for $78 million in cash, expanding AAR's heavy maintenance footprint with two facilities in Greensboro, North Carolina and Lake City, Florida. The deal adds roughly 1,600 employees and comes with multi-year heavy maintenance contracts worth over $850 million, which effectively sell out the acquired facilities and support AAR's Repair & Engineering growth strategy.

Fix-It 24/7 (New Harbor Capital Portfolio) Acquires Absolute Airflow

June 20, 2023

HVAC & Mechanical

Fix-It 24/7, a New Harbor Capital portfolio company, has acquired Absolute Airflow, a Southern California residential HVAC and plumbing services provider. The add-on expands Fix-It's multi-branch platform into the Southern California market while founder Victor Rancour remains involved to support growth and training.

Accenture Acquires Flo Group to Strengthen Oracle Supply Chain Capabilities in Europe

March 19, 2024

IT Services

Accenture has acquired Flo Group, a Rotterdam-based Oracle supply chain consultancy, bringing Flo’s ~280 employees into Accenture’s Oracle Business Group to bolster its supply chain and logistics capabilities in Europe. Financial terms were not disclosed; the deal expands Accenture’s Oracle implementation and supply chain consulting capacity across multiple end markets including retail, automotive and manufacturing.