Odevo completed the acquisition of Portik from Occidental Petroleum.

Odevo, a global residential property management group, completed the acquisition of Portik, a property management company, from Occidental Petroleum, a company engaged in hydrocarbon exploration. Financial terms were not disclosed. "From day one, our goal at Portik has been to build something different-not just to grow, but to create real value for residents and homeowners. That same ambition is what we see in Odevo. I'm incredibly proud of the team behind Portik; this milestone is only possible thanks to their dedication. Joining Odevo gives us greater resources to keep working closely with each community, offering tailored solutions that genuinely improve people's quality of life. It's a step that opens up new opportunities - for our teams, our clients, and the future we're building together," Jorge Garcia, Portik Group CEO.