Announced
Financials
Sources
Tags
Pending
Friendly
Cross Border
Majority
HOA management
Acquisition
Single Bidder
United States
Management Consulting
Private
business consulting
Synopsis
Odevo, a real estate based property management and residential services provider, agreed to acquire Spectrum Association Management, an innovative and customer service oriented property management company. Financial terms were not disclosed. “Our remarkable team and customers are at the center of all the decisions we make. The Odevo model, which seeks to promote strong local brands and teams – while at the same time offering world-class back-end support, from finance, HR, to tech – made it an obvious and easy choice for us to join forces. The other key ingredient for us, was Odevo’s approach to culture, values and the importance of integrity,” Henrik Hansen, Spectrum AM CEO.
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