AboutTeamInvestmentsNewsContact
AboutTeamInvestmentsNewsContact

Sweden Fidelio Capital Sturegatan 10 114 36 Stockholm

United Kingdom Fidelio Capital 14-16 Bruton Place London W1J 6LX

logo
Simplifyinglivingbycombiningpeopleandtechnology

Share

Linkedin

Email

Copy link

Odevo is a leading technology-enabled services group within the residential property management sector. The company has a full-suite offering including financial and technical management, as well as legal support to around 2.2 million homes across Europe, the UK, US and Latin America.

With an ambition of becoming the leading force globally within property management and residential services, Odevo challenges today’s industry standards with higher efficiency and customer satisfaction through a proprietary technology platform developed by its in-house tech team.

Since laying the foundation of Odevo with the acquisition of Conzignus (a software company that had over ten years developed a technology platform tailored for residential property management) in 2018, Fidelio is enabling the Group’s ambitious growth agenda, focused on increased investments in its proprietary technology platform, accelerated international expansion and the addition of new service segments.


Company info

CEO

Daniel Larsson

Head Office

Stockholm, Sweden

Employees

7,800

Acquisition year

2018

Industry

Software / Services

Website

odevo.com


66X

Revenue growth

44X

Increase in # homes managed

30X

Increase in # tech developer resources

Thewhy

Privately owned residential real estate is the world's largest asset class, and the home is one of the biggest investments you make as a person. Historically, privately owned residential real estate has been served by a fragmented supplier landscape, lacking the means to push innovation and customer focus. Here, Fidelio saw an opportunity to transform an entire sector.

Thehow

Starting in 2018, with the acquisition of a tech platform tailored for residential property management, it was possible to quickly build a Group through further acquisitions. The name Odevo, was launched in 2022.

By being focused on finding and partnering with well-run companies with a cultural fit, integration could be managed in an efficient way and the entities within the Group have continued to operate through several well-known brands in Sweden, Finland, the UK, Germany and the US.

Partnering with well-established companies in the US, Odevo has created momentum to continue to pursue growth across the United States and achieving its goal of providing industry leading service to homeowner associations in the largest market in the world.

Investments in the tech platform have continued throughout and Odevo today offers bespoke solutions backed by a growing tech team.

Strategic
initiatives

Consolidation

Bringing together leading property managers on all markets.


Geographic expansion

From the Nordics via the UK and continental Europe to the US.


Building a world class tech-team

A strong and growing team of developers ensuring that market leadership continues.

Thefuturepotential

Odevo represents a truly unique investment. With a foundation in a proprietary software, Odevo is on the way to become the leading force within property management and residential services globally. Since inception in 2018, Odevo has transitioned into the only transatlantic player in the world with leading positions across Europe and the US. In 2024, Fidelio welcomed CVC funds as new strategic partner, further strengthening the capacity for international expansion and growing vertically in the value chain.

"Forme,FidelioandOdevoisoneteam.Fidelio’sphilosophytosupportusthroughallpossiblephasesiswhattrulymadethedifferenceinmakingOdevoaninternationalmarketleader"

NN07 logo

NN07

See investment

Vimian logo

Vimian

See investment

Greenfood logo

Greenfood

See investment

Anicura logo

Anicura

See investment

KEYTO logo

KEYTO

See investment

Lyko logo

Lyko

See investment

iBinder logo

iBinder

See investment

NN07 logo

NN07

See investment

Vimian logo

Vimian

See investment

Greenfood logo

Greenfood

See investment

Anicura logo

Anicura

See investment

KEYTO logo

KEYTO

See investment

Lyko logo

Lyko

See investment

iBinder logo

iBinder

See investment

NN07 logo

NN07

See investment

Vimian logo

Vimian

See investment

Greenfood logo

Greenfood

See investment

Anicura logo

Anicura

See investment

KEYTO logo

KEYTO

See investment

Lyko logo

Lyko

See investment

iBinder logo

iBinder

See investment

logo
AboutTeamInvestmentsNewsContact
Privacy policyCookie policyTerms & conditionsSFDR Statement

Sweden
Fidelio Capital
Sturegatan 10
114 36 Stockholm

United Kingdom
Fidelio Capital
14-16 Bruton Place
London W1J 6LX

United States
Fidelio Capital
250 West 55th Street, 17th Floor
New York, NY 10019

Copyright © 2024 Fidelio Capital All rights reserved.