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Announced

Completed

Fidelio Capital-backed Odevo completed the acquisition of William Douglas Managemen, HHA Management Services and American Management Services.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private Equity

Completed

United States

Property Services

HOA management

Acquisition

Majority

Private

Friendly

Single Bidder

Cross Border

Synopsis

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Fidelio Capital-backed Odevo, a real estate-based property management and residential service company, completed the acquisition of William Douglas Management, HHA Management Services and American Management Services, providers of property management services. Financial terms were not disclosed. “We are thrilled that our company cultures and past accomplishments have made us a sought-after partner for Odevo. Our outstanding team members and valued clients are the backbone of our success. We were drawn to Odevo’s value creation philosophy, which prioritizes the development of team members and local brands, while providing exceptional support in areas ranging from technology, financial services, human resources and much more. All these factors made joining forces with Odevo the obvious choice”, Chris D. Gilleland, William Douglas Management CEO.

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