PORTSMOUTH, NH — Odyssey Landscaping has become a 100% employee-owned company through the sale of stock to a newly created Employee Stock Ownership Plan.
Odyssey was founded in 1982 in California by Martin Gates and initially focused on landscape installation. The company has since expanded to include landscape design, construction, maintenance and erosion control services. The company primarily provides landscape construction and maintenance services, as well as erosion and concrete services. The company has approximately 140 employees.
Atlantic Management Company served as independent financial advisor to the trustee of the ESOP.
"We are proud to have worked on Odyssey's transition to employee ownership and are greatly looking forward to following the new employee owners' future successes," said Cory Melnick of Atlantic.
Latest from Lawn & Landscape
- Vote now in Lawn & Landscape's Vehicle Wraps competition
- Toro redesigns Dingo TX 450 and TX 550
- Tennessee's Tree Worx acquired by private equity firm
- Enter our Best Places to Work contest
- Hilltip adds extended auger models
- What 1,000 techs taught us
- Giving Tuesday: Project EverGreen extends Bourbon Raffle deadline
- Atlantic-Oase names Ward as CEO of Oase North America
