Odevo completed the acquisition of Retta Isännöinti from Altor.

Odevo, an international company challenging the property management industry, completed the acquisition of Retta Isännöinti, a service company in the management of residential and real estate companies, from Altor, a private equity firm. Financial terms were not disclosed. “I am very happy to welcome Anders Gylling and his team to the Odevo family. We have an ambition to simplify living for people all over the world and drive innovation in technology and new services in a traditional industry. Retta Isännöinti shares the same drive and ambition, and joining forces allows us to invest in technology and deliver greater value to the Finnish customers," Daniel Larsson, Odevo CEO.