General Atlantic takes a minority stake in Odoo

● GROWTH | HORIZONTAL SAAS · ERP & Business Management

JANUARY 16, 2026

General Atlantic takes a minority stake in Odoo (Wallonie Entreprendre)

TARGET

Odoo is an open-source business management software suite offering ERP, CRM, accounting, and other applications used across industries.

Deal value	€7bn valuation
Ownership	VC-backed · Wallonie Entreprendre (prior owner); General Atlantic, Summit Partners, CapitalG, Sequoia Capital, BlackRock +8 more
Capital raised	~$1B
Headcount	~7,600 FTEs
Headquarters	Louvain-la-Neuve, Belgium
Leadership	Fabien Pinckaers, CEO (Odoo SA) Damien Lourtie, CFO (Wallonie Entreprendre)
Sell-side advisor	—

INVESTOR

General Atlantic

Global growth equity firm

Deal team	Andrea Calabro, Principal
Buy-side advisor	—

Share deal Copy details View press release ↗

General Atlantic -> Odoo  (2026-09-18)
minority_investment | Horizontal SaaS | €7bn valuation | closed
Target: Odoo is an open-source business management software suite offering ERP, CRM, accounting, and other applications used across industries.
Website: odoo.com | Buyer site: generalatlantic.com
HQ: Louvain-la-Neuve, Belgium | Ownership: vc-backed | Seller: Wallonie Entreprendre
Advisors - not yet credited
Source: Thematic - https://thematichq.com/software/d/general-atlantic-odoo.html

Spotted an error or advised on this transaction? Claim credit or send a correction

MORE IN HORIZONTAL SAAS

Barndoor AI acquires Diaphora Enterprise AI PlatformsSEP 16

Diaphora – LLM-native AI service engine that turns prompts and skills into deterministic, schema-validated, API- and MCP-callable production services for enterprise workflows ›

Vitruvian Partners invests in Smartling (Battery Ventures) Content & Document ManagementSEP 15

Smartling – AI-powered translation management platform that automates multilingual content workflows for global enterprises across websites, apps, and documents ›

MTS Exolve (MTS PJSC) acquires MightyCall Enterprise Russian Edition Customer Service & CXSEP 15

MightyCall Enterprise Russian Edition – russian-developed on-premise and cloud contact-center software automating inbound and outbound call flows, IVR, CRM integration, and analytics for large and mid-sized enterprises in banking, healthcare, insurance, retail, and government ›

Allyant (Thompson Street) acquires Braille Works Content & Document ManagementSEP 14

Braille Works – braille, large print, audio, and accessible PDF document production and conversion services for businesses serving blind and visually impaired customers ›

Superhuman acquires Fathom Collaboration & CommunicationsSEP 14

Fathom – AI meeting notetaker that records, transcribes, and summarizes Zoom, Google Meet, and Teams calls, syncing action items and insights into CRMs, Slack, and other productivity tools for sales, CS, and knowledge-worker teams ›

Francisco Partners, KKR take a minority stake in TeamSystem (Hellman & Friedman) ERP & Business ManagementSEP 11

Est. €8–10B Valuation · TeamSystem – ERP, accounting, payroll, HR, invoicing, and AI-enhanced business management software for SMEs, accountants, labour consultants, and professionals, primarily in Italy and Southern Europe. Valuation: €8–10 billion ›

Browse the full register →

SEARCH CONTACT

Thematic is a news publication, not an investment adviser. Nothing here is investment advice or a recommendation to buy or sell any security. Researched and compiled by Thematic; accuracy and completeness are not guaranteed.