Our story so far…
Odyssey was founded in late 2008 by one of the Midlands’ leading corporate financiers, Mike Yiannis and our investor partners. Indeed, we started trading the same week as Lehman Brothers and Bear Stearns hit the headlines! A great time to set up a corporate finance business, at the start of the global financial crisis and the worst recession in 80 years: ‘fortune favours the brave’, as they say!
We all know how challenging the global economy has been, with the corporate finance market one of the worst affected over the last few years.
But we at Odyssey are not the types to sit around and feel sorry for ourselves, we just get on with it. So, since late 2008, we have:
- originated and completed over 60 deals covering business sales, MBOs, fund raisings and restructuring. These have ranged in size from £1m to over £700m across different sectors such as technology, automotive, engineering, food and drink, power, hospitality and financial services
- taken sweet equity in 10 businesses: we have realised one at 6 times entry value, one has gone bust and the rest are still brewing nicely!
- expanded our team so that we are now one of the largest independent boutiques outside of London and have recorded consistent and significant growth year on year
So, we have survived and thrived, and whilst there are plenty of challenges ahead, so far so good…