Jamieson is pleased to announce that it has supported Daniel Larsson (CEO) and the management team of Odevo, a tech-enabled residential property management company with leading positions in Europe and USA, in connection with the investment in the group by CVC funds. CVC will join the group of investors led by Swedish firm Fidelio and the existing management team.
Odevo has built an organisation which, supported by a bespoke tech-platform, helps residential property owners manage all aspects of their building, ranging from accounting, administration, invoicing and on-site services to renovations. The company was founded in Sweden in 2018 by the investment firm Fidelio and the current management team. Through organic growth and joining forces with more than 50 successful entrepreneurs across Europe and USA, Odevo has expanded the business more than 50x, now managing 1.4 million homes with more than 7,000 employees and an annual turnover of EUR 650 million. By welcoming CVC to the group of investors, Odevo takes yet another step on its international growth journey.
Jamieson provided support in relation to the reinvestment and new management incentive arrangements. The Jamieson team was made up of Fredrik Karlsson in Stockholm alongside Jonny Jones, Stephen Maxwell and Alison Dunning.
Further details can be found at: https://odevo.com/in-the-news/tech-enabled-property-services-company-odevo-strengthens-investor-base-by-welcoming-cvc-funds-as-a-new-strategic-partner-alongside-fidelio/
