CVC to invest in Fidelio-backed Odevo.

CVC Capital, a private equity firm, agreed to invest in Fidelio Capital-backed Odevo, a property management services provider. Financial terms were not disclosed. “For most people, the home is their greatest investment and our services are designed to simplify everyday life for those people, a responsibility we take seriously. Odevo was founded on the principle of combining the power of people and technology and from the start, we have focused on simplifying living by delivering end to end solutions for an industry that traditionally has been slow in innovation. I am incredibly proud of what we have accomplished but am also excited for the untapped potential still out there. Fidelio has been a true partner to us and we look forward to continuing our collaboration, now also welcoming CVC with their global network and vast experience of supporting growing businesses like ours," Daniel Larsson, Odevo CEO.