Global property management group Odevo expands into the US as leading Florida-based property manager joins

November 1, 2022

Odevo, a portfolio company of Fidelio, has established itself in the US with KW Property & Management Consulting, a leading American property manager, joining the group. This marks both Odevo’s first step outside of Europe and its entry into the US, the world’s largest market for property management. The US will be Odevo’s fourth market entry.

KWPMC is one of the fastest-growing residential property managers in the U.S. with over 80,000 homes under management and 2,000 employees. It has an annual revenue of just over $140 million and an average organic growth rate of 18% over the last five years. KWPMC was founded in 2004 and today operates across the state of Florida, where it manages some of the state’s most prestigious developments. 

With the addition of KWPMC, Odevo now has 3,800 employees, 590,000 homes under management, and revenue of $314 million – a thirtyfold increase over four years.

Read more here.

Recent news

iBinder expands outside the Nordics

Swedish Software as a Service company iBinder develops and provides the construction and real estate industries with digital solutions for efficient collaboration. The company’s core solution is a cloud-based collaboration platform that ensures efficient and easy sharing of information throughout

Read more

Vimian raises 1.5bn in a directed share issue

Vimian Group delivers effective solutions for animals and veterinary professionals around the world. The Group is a global and fast-growing group of innovation-driven companies that share a passion for making a positive impact through improving animal health. Vimian is listed

Read more

Trinity Property Group joins Odevo

Fidelio’s international challenger in the property and housing management industry, Odevo, grows through the addition of Trinity Property Group. Trinity Property Group manages over 95,000 homes across England and Wales and has agreements for an additional 55,000 homes, making the

Read more