M&A Deal Summary

Odyssey Acquires Ferntech

On September 16, 2021, Odyssey acquired information technology company Ferntech

Acquisition Highlights
  • This is Odyssey’s 1st transaction in the Information Technology sector.
  • This is Odyssey’s 1st transaction in Germany.

M&A Deal Summary
Date 2021-09-16
Target Ferntech
Sector Information Technology
Buyer(s) Odyssey
Deal Type Add-on Acquisition

Target

Ferntech

Crailsheim, Germany
website
Ferntech is focused on bringing the smart energy revolution to decentralized energy systems with remote monitoring and control technology. The company specializes in three areas: aggregation of data, analysis of data, and action. Its approach combines a physical controller, which connects to local devices and a cloud-based platform, and powerful API integrations which enable customers to interact with their power systems from anywhere in the world. Ferntech was formed in 2016 and is based in Crailsheim, Germany.

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Buyer(S) 1

Buyer

Odyssey

Boulder, Colorado, United States

website

Category Company
Founded 2017
Sector Information Technology
DESCRIPTION

Odyssey is a global platform to simplify, streamline, and reduce the costs of developing and financing mini-grids around the world. Odyssey was formed in 2017 and is based in Boulder, Colorado.

DEAL STATS #
Overall 1 of 1
Sector (Information Technology) 1 of 1
Type (Add-on Acquisition) 1 of 1
Country (Germany) 1 of 1
Year (2021) 1 of 1
Mergr

Product

Company

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