Odessa Announces Investment from Thomas H. Lee Partners to Accelerate Growth | State

Strategic investment supports and expands growth in US and international markets Of Odessa A platform provided throughout financial services.

Philadelphia, September 15, 2021 / PRNewswire /-Odessa, a world leader in asset finance software, today announced an investment from Thomas H. Lee Partners LP (“THL”), the premier private-equity firm to invest in growing companies.

Of Odessa The architectural and design approach integrates siled business teams and stakeholders to create a single system of insight, orchestration, and scalability to create a single system of insights, orchestration, and auto-finance technology. It makes a difference. This allows asset finance organizations to remain agile and innovative in entering the market, managing operations and delivering customer value. Odessa Customers see great value in streamlined business operations, significant increases in transaction speed, database business decisions, and omni-channel customer service.

“As a leader in asset finance technology Odessa Ganesh Rao, Managing Director and Head of Financial Services at THL, said: Mark Bean, Director of THL. “We are confident that they have the vision and track record of disrupting and defining the future of financial services technology and are excited to partner with them to support this growth trajectory. “

“We appreciate the support of our employees who have helped us succeed for over 20 years, and we are humble in the trust of our customers and investors. Odessa – But our vision goes even further. ” Maduna Tarajan, Co-founder + CEO Odessa.. “There is a great opportunity for asset finance companies to rethink how they can scale up and adapt to market turmoil and changing consumer demand. We are the platform that will be the operating system that powers modern enterprises, We have technology, teams and investment partners. “

Investment aims to catalyze Of Odessa Achieve growth initiatives and further accelerate your company’s platform roadmap and geographic expansion, including M & A opportunities.For more information Of Odessa For a vision for the future of financial services technology, Madhu blog..

Furihan Lokey Served as an M & A advisor for Odessa, O’Melveny & Myers is a legal counsel and KPMG is a financial adviser. Kirkland & Ellis Served as a legal counsel to THL Raymond James Served as financial adviser Oliver Wyman Serves as a commercial advisor.

Odessa Is a software company dedicated to the leasing industry and the developer of the Odessa platform.The head office is Philadelphia, USA, Of Odessa Leasing solutions and more than 1000 employees support the diverse customer bases of asset finance companies around the world. Odessa It provides a powerful, end-to-end, scalable solution for leasing and loan composition and portfolio management. The Odessa Platform also offers a rich set of features such as low-code development, test automation, reporting, and business intelligence to help organizations more effectively align their business and IT goals. For more information

Thomas H. Lee Partners, LP (“THL”) is the premier private equity firm investing in middle market growth companies in only three sectors: financial services, healthcare and technology & business solutions. THL combines deep sector expertise with dedicated in-house operational resources to work with management to transform and build great companies of lasting value. Our expertise and resources help us build great companies with the goal of accelerating growth, improving operations and driving sustainable value over the long term. Since 1974, THL has been $ 30 billion We have invested in more than 160 companies and completed more than 500 add-on acquisitions. This represents the total corporate value at the time of acquisition. $ 210 billion.. THL invests in automation companies through its flagship private equity fund and dedicated automation fund.

Odessa Announces Investment from Thomas H. Lee Partners to Accelerate Growth | State

Source link Odessa Announces Investment from Thomas H. Lee Partners to Accelerate Growth | State

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