Good morning dealmakers, thank goodness it's Friday! It's Obey Martin Manayiti here with the newsletter. To cap off the week, we have exciting news from Odyssey Investment Partners, LLC (Odyssey), a growth-oriented middle-market private equity firm. They have recently announced their expansion efforts through strategic acquisitions.
In a recent press release, Odyssey revealed that they have acquired a company based in Marietta, Georgia. The acquisition is part of Odyssey's strategy to strengthen their presence in the Southeastern United States. This move aligns with the firm's focus on investing in middle-market companies with significant growth potential.
The targeted company, which remains anonymous, operates in the manufacturing sector and boasts a workforce of over 200 employees. With annual revenues exceeding $60 million, this acquisition adds considerable value to Odyssey's portfolio. The acquisition was completed with the support of Audax Private Debt, who provided a unitranche credit facility.