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New Deal


Announced

Completed

Thomas H. Lee Partners completed a $62m investment in Odessa.

Financials

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Transaction Value£44m
Consideration TypeCash
Capital Owned-
Capital Bid For-
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Acquisition

Single Bidder

asset finance

Friendly

United States

FinTech

Domestic

financial software

Minority

Private

Completed

Synopsis

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Thomas H. Lee Partners, an American private equity firm, completed a $62m investment in Odessa, a developer of an asset finance software designed for the leasing industry. "We are grateful for the support of our employees that has fueled our success for more than two decades, and we are humbled by the confidence our customers and investors have in Odessa – but our vision goes further still. There is an enormous opportunity to reimagine the way asset finance companies scale and adapt to disrupting market forces and changing consumer demand. We have the platform, technology, team, and investment partner to be the operating system that powers the modern enterprise," Madhu Natarajan, Odessa Co-Founder & CEO.

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