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EY and EY-Parthenon advised Altor Equity Partners and Retta Group

Retta Group, owned by Altor Equity Partners, divests its housing management business, which becomes part of the global Odevo Group

On August 15, 2024, it was announced that Retta Group will divest its’ housing management business to Odevo and specializes in the brokerage and management of homes, properties and commercial premises.

 

Odevo, the buyer is a fast-growing international company challenging property management industry. After the closing Retta brand will continue to be in use.

 

EY provided financial and tax support, and EY-Parthenon commercial and carve-out due diligence services to Retta and Altor during the transaction process by deploying multi-discipline advisory teams with a successful track record of working with the seller and other advisors and experience in the property management sector.

Learn more of the transaction here.

 

Below is a selection of recent transactions supported by EY, and you can also find a more extensive list on our Strategy and Transactions page.

Summary 

EY and EY-Parthenon provided transaction advisory services to Altor Equity Partners and Retta Group including Financial, Tax, commercial and carve-out Due Diligence services in their divestment of housing management business.

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