Odevo continues to grow as British Trinity joins the group
People in the image from left to right: Daniel Larsson, CEO of Odevo. Jonathan Smith, CEO of Trinity Property Group.
Trinity Property Group, one of the largest residential property management companies in theUK, is the latest company to join Odevo. As a result, Odevo now has over half a million homes under management in three European markets and a turnover of SEK 1.7 billion. Odevo continues to challenge the property and housing management industry with its plan for strong growth both organically and through acquisitions.
Trinity Property Group manages over 95,000 homes across England and Wales and has agreements for an additional 55,000 homes, making the company one of the UK’s largest companies in property and housing management. The company has 320 employees and annual sales of approximately SEK 250 million. With Trinity joining Odevo, the number of homes under management will increase to more than half a million. This will drive Odevo’s turnover up to SEK 1.7 billion and the company will now have 1,700 employees.
“We are very pleased to welcome our new colleagues at Trinity to Odevo. Like us, they see the long-term benefits of leveraging technology to improve customer service and delivery. Together, we will continue to challenge and change this industry. We will also continue our growth journey both organically and through more acquisitions while developing valuable services for our customers,” says Daniel Larsson, CEO of Odevo.
Odevo already has a presence in the UK with British Rendall & Rittner and Premier Estates, as well as in Finland, and Sweden with Nabo and SBC. Odevo is challenging the industry with, among other things, its proprietary tech platform, and its ambition to become the leading international player in property and housing management.
Private housing is the world’s largest asset class and is often the largest investment an individual makes during their lifetime. Still, it is an industry that is far behind in terms of digitization and customer focus. Odevo has greatly increased its investment in its proprietary tech platform to drive digitization and thereby create a better customer experience – not least through the development of a platform tailored to the British market.
Jonathan Smith, CEO of Trinity Property Group, comments: “We are delighted to become part of the growing Odevo group, which will allow us to continue to improve service delivery for our customers and clients. Changes in legislation and advancements in technology and communication have placed a great deal of pressure on managing agents. At Trinity, we continue to invest in ensuring we keep up with changes in compliance to protect our end users, as well as improving our IT systems to make communication more efficient and user friendly. By becoming part of Odevo, we look forward to enhancing the customer experience further.”
Odevo plans to continue its strong growth both organically and by joining up with other companies in Europe and other continents, including the US. Today, the company is present in three markets and expects to be in a fourth market in the near future. The Group’s primary investor is the investment company Fidelio.
For more information, contact:
Daniel Larsson, CEO Odevo
tel: +46 736404211