Fidelio Capital has supported Odevo’s international expansion across Europe and the USA as the main owner since 2018. Odevo now continues its growth in Finland with the acquisition of market leader Retta Isännöinti, reinforcing its goal to lead the property management industry through a combination of people and technology.

With nearly 6,000 clients, 150,000 homes under management, and 600 employees, Retta Isännöinti will continue to operate under its current brand. Odevo’s presence in Finland now consists of Retta Isännöinti and Kontu, giving Odevo a significant local presence and making them well-positioned to lead the market.

In just four years, Odevo has grown over thirtyfold, now managing 1.4 million homes with 7,000 employees and an annual turnover of SEK 7.4 billion. Odevo plans to continue its strong growth both organically and by attracting more companies to join the group, further securing leading positions in Sweden, the UK, Finland, and the USA.