Your business keeps running
Your business keeps running

You can let go
You can let go
Jona Schaeffer
Founder and managing director, Theo
We do not just manage your property. We take care of your responsibility to your team and your clients.
Units in the Portal.
Experts across Germany
HOA-certified
Units in the Portal.
Experts across Germany
HOA-certified
20,000+
Units in the Portal.
150+
Experts across Germany
Section 26a
HOA-certified
Many property managers are disappearing
Yours will stay


Theo Berlin
formerly Aureal and Artesia property management,
now part of Theo
Are you looking to pass your property management business into safe hands? We will take over your company: fairly, reliably, and with respect for what you have built.
Your team stays on site. They know their region and your clients. As part of Theo, they get access to specialists for complex legal questions, efficient processes and software that makes day-to-day work easier. This leaves more time for what really matters.
More than 10 business owners from across Germany have already put their trust in us, leading their clients and employees into a secure future.
Are you looking to pass your property management business into safe hands? We will take over your company: fairly, reliably, and with respect for what you have built.
Your team stays on site. They know their region and your clients. As part of Theo, they get access to specialists for complex legal questions, efficient processes and software that makes day-to-day work easier. This leaves more time for what really matters.
More than 10 business owners from across Germany have already put their trust in us, leading their clients and employees into a secure future.
Your team stays together.
Your team stays together.
Your clients' affairs in the best hands
Your clients' affairs in the best hands
Succession is about more than just a business. It is about clients you know and are committed to. It is about employees who trust you. It is about a life's work that should continue to exist in the future.
Theo has taken over several administrations in recent years. We know what matters.
01
01
Your reputation is our responsibility. We ensure a seamless transition with no loss of quality.
01
Your reputation is our responsibility. We ensure a seamless transition with no loss of quality.
02
02
Your employees stay. As part of Theo, they get access to experts, software, and clear processes.
03
03
Whether you want to hand over in six weeks or two years, we will plan together what works for you.
04
04
We value your business transparently. More than ten business owners have already taken this path with us.
Your life's work
in safe hands
Succession
Succession is a matter of trust
My main priority was to ensure that my clients continue to be well looked after, and that our employees are retained and valued.
We do not just sell any product, we sell responsibility. With Theo, I felt that this was truly understood. They do not just take over, they build for the future.
Christian Schlag
former owner and managing director of Artesia Immobilien


Succession process:
Simple, clear and collaborative

We will get to know each other in person or via a video call. We will explain our concept and we can decide together if we are a good match and if a takeover makes sense.
Once we are both comfortable, we will sign a confidentiality agreement. Only then will we discuss the figures and details openly.
We review your business data to calculate a fair and transparent value for your company. This gives us an initial indicative offer.
Once we agree in principle, we will draft a letter of intent. This will set out the key points for the next steps.
We will work with you to analyse all the relevant information and write a draft contract. We will stay in close contact throughout this process to resolve any outstanding points together.
Once we reach a final agreement, we will draft the contracts, review them together and sign them with the notary. Your succession is then settled, and your new chapter begins.
Succession process:
Simple, clear and collaborative

We will get to know each other in person or via a video call. We will explain our concept and we can decide together if we are a good match and if a takeover makes sense.
Once we are both comfortable, we will sign a confidentiality agreement. Only then will we discuss the figures and details openly.
We review your business data to calculate a fair and transparent value for your company. This gives us an initial indicative offer.
Once we agree in principle, we will draft a letter of intent. This will set out the key points for the next steps.
We will work with you to analyse all the relevant information and write a draft contract. We will stay in close contact throughout this process to resolve any outstanding points together.
Once we reach a final agreement, we will draft the contracts, review them together and sign them with the notary. Your succession is then settled, and your new chapter begins.
Succession process:
Simple, clear and collaborative

We will get to know each other in person or via a video call. We will explain our concept and we can decide together if we are a good match and if a takeover makes sense.
Once we are both comfortable, we will sign a confidentiality agreement. Only then will we discuss the figures and details openly.
We review your business data to calculate a fair and transparent value for your company. This gives us an initial indicative offer.
Once we agree in principle, we will draft a letter of intent. This will set out the key points for the next steps.
We will work with you to analyse all the relevant information and write a draft contract. We will stay in close contact throughout this process to resolve any outstanding points together.
Once we reach a final agreement, we will draft the contracts, review them together and sign them with the notary. Your succession is then settled, and your new chapter begins.
Succession process:
Simple, clear and collaborative

We will get to know each other in person or via a video call. We will explain our concept and we can decide together if we are a good match and if a takeover makes sense.
Once we are both comfortable, we will sign a confidentiality agreement. Only then will we discuss the figures and details openly.
We review your business data to calculate a fair and transparent value for your company. This gives us an initial indicative offer.
Once we agree in principle, we will draft a letter of intent. This will set out the key points for the next steps.
We will work with you to analyse all the relevant information and write a draft contract. We will stay in close contact throughout this process to resolve any outstanding points together.
Once we reach a final agreement, we will draft the contracts, review them together and sign them with the notary. Your succession is then settled, and your new chapter begins.
Succession process:
Simple, clear and collaborative

We will get to know each other in person or via a video call. We will explain our concept and we can decide together if we are a good match and if a takeover makes sense.
Once we are both comfortable, we will sign a confidentiality agreement. Only then will we discuss the figures and details openly.
We review your business data to calculate a fair and transparent value for your company. This gives us an initial indicative offer.
Once we agree in principle, we will draft a letter of intent. This will set out the key points for the next steps.
We will work with you to analyse all the relevant information and write a draft contract. We will stay in close contact throughout this process to resolve any outstanding points together.
Once we reach a final agreement, we will draft the contracts, review them together and sign them with the notary. Your succession is then settled, and your new chapter begins.
Succession process:
Simple, clear and collaborative

We will get to know each other in person or via a video call. We will explain our concept and we can decide together if we are a good match and if a takeover makes sense.
Once we are both comfortable, we will sign a confidentiality agreement. Only then will we discuss the figures and details openly.
We review your business data to calculate a fair and transparent value for your company. This gives us an initial indicative offer.
Once we agree in principle, we will draft a letter of intent. This will set out the key points for the next steps.
We will work with you to analyse all the relevant information and write a draft contract. We will stay in close contact throughout this process to resolve any outstanding points together.
Once we reach a final agreement, we will draft the contracts, review them together and sign them with the notary. Your succession is then settled, and your new chapter begins.
Meet Theo

No pitch, no pressure. Just an open conversation about what works for you. We look forward to meeting you.
Jona Schaeffer
Founder and managing director, Theo
Meet Theo

Jona Schaeffer
Founder and managing director, Theo
No pitch, no pressure. Just an open conversation about what works for you. We look forward to meeting you.
Meet Theo

Jona Schaeffer
Founder and managing director, Theo
No pitch, no pressure. Just an open conversation about what works for you. We look forward to meeting you.
Frequently asked questions about succession
We are happy to help
When is the right time to plan your succession?
Often earlier than you think. Many business owners speak to us long before they plan to step down, just to understand their options and make a decision in their own time.
What happens to your business after you sell it?
Your business will be continued, not broken up. Your team, your customers and your regional identity will be preserved and carried into a stable future.
How does Theo ensure quality after the handover?
With dedicated contacts, clear processes, central background structures and an experienced team, your administration keeps running, reliably and professionally.
What does the sale mean for my customers?
Above all, security. You know that your administration is well-organised for the long term and will not suddenly face a major upheaval.
What happens to your employees?
We take over teams consciously and respectfully. Knowledge, experience and relationships are preserved and integrated into a wider network.
Do I still need to be involved after the sale?
No. You decide how involved you want to remain, from a supported transition to a complete withdrawal.
Can I sell my business and still stay active as an entrepreneur?
Yes. Besides selling your business and stepping back, you can also stay in a leadership role and work with Theo to develop the industry further. Here you can find out more about joining forces with Theo.
Frequently asked questions about succession
We are happy to help
When is the right time to plan your succession?
Often earlier than you think. Many business owners speak to us long before they plan to step down, just to understand their options and make a decision in their own time.
What happens to your business after you sell it?
Your business will be continued, not broken up. Your team, your customers and your regional identity will be preserved and carried into a stable future.
How does Theo ensure quality after the handover?
With dedicated contacts, clear processes, central background structures and an experienced team, your administration keeps running, reliably and professionally.
What does the sale mean for my customers?
Above all, security. You know that your administration is well-organised for the long term and will not suddenly face a major upheaval.
What happens to your employees?
We take over teams consciously and respectfully. Knowledge, experience and relationships are preserved and integrated into a wider network.
Do I still need to be involved after the sale?
No. You decide how involved you want to remain, from a supported transition to a complete withdrawal.
Can I sell my business and still stay active as an entrepreneur?
Yes. Besides selling your business and stepping back, you can also stay in a leadership role and work with Theo to develop the industry further. Here you can find out more about joining forces with Theo.






New look. Proven reliability: