28-07-2025
Odyssey Seeks $1 Billion to Extend Hold on Industrial Electric
Odyssey Investment Partners is pitching a single-asset continuation fund to extend its hold on portfolio company Industrial Electric Mfg., according to people familiar with the matter.
The private equity firm invested in IEM in 2022 through Odyssey Investment Partners Fund VI, which closed two years earlier with $3.25 billion, said the people, who asked not to be identified discussing confidential information.