Odyssey Logistics & Technology Corporation

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Odyssey Logistics & Technology Corporation - overview

Established

2003

Location

Charlotte, NC, US

Primary Industry

Logistics & Distribution

About

Odyssey Logistics & Technology Corporation, based in the US, provides integrated multimodal transportation and supply chain solutions, effectively serving diverse industries including chemicals, metals, and food and beverage. Founded in 2003, Odyssey Logistics & Technology Corporation specializes in logistics and supply chain services. In August 2017, The Jordan Company acquired a majority stake in the company. The headquarters is located in Charlotte, US, with operations spanning North America, Europe, and the Asia-Pacific region.


The firm has completed 9 deals to date, raising a total of USD 40. 00 mn, primarily from investors such as Boston Millennia Partners, Presidio Partners, and Trident Capital. CEO Hans Moller and Keith Hancock lead the organization. Odyssey Logistics specializes in providing integrated multimodal transportation and supply chain solutions tailored to meet the unique needs of various industries, including chemicals, metals, food and beverage, and packaged freight.


The company leverages a USD 3 billion freight network and utilizes direct contracts with major North American Class 1 rail carriers to enhance control and operational efficiency. By offering services that range from Less-Than-Truckload (LTL) and Full Truckload (TL) to specialized options like bulk tank and flatbed transportation, Odyssey addresses the critical requirements of efficient and reliable shipping. The company operates across key geographical markets, including North America, Europe, and the Asia-Pacific region, facilitating global logistics and distribution for clients seeking sustainable and effective supply chain management solutions. Odyssey Logistics generates revenue through a diverse range of service offerings, providing multimodal transportation and managed supply chain solutions primarily through B2B partnerships.


The company establishes relationships with clients, including manufacturers, distributors, and retailers, to deliver tailored logistics services such as intermodal container transport, warehousing, and temperature-controlled shipments. Revenue is derived from transaction-based fees associated with the various logistics services provided, as well as through long-term contracts that ensure reliable service delivery. The structure of these transactions is designed to meet the specific logistics needs of each client, with tailored pricing plans reflecting the complexity and scale of the services rendered. Key offerings contribute to Odyssey's revenue stream, positioning the firm as a critical partner in enhancing supply chain resilience for its client base.


In August 2017, Odyssey Logistics & Technology Corporation received funding that will be directed towards expanding its service offerings and enhancing operational capabilities. Future products are currently under design, though specific launch dates have not been disclosed. The company aims to penetrate new geographic markets, particularly targeting expansion within Europe and the Asia-Pacific regions by 2025, leveraging the recent financial backing to support these initiatives.


Current Investors

TJC, Boston Millennia Partners, RRE Ventures

Primary Industry

Logistics & Distribution

Sub Industries

Consulting Services, Oil & Gas Transportation, Freight Transportation Services, Trucking, Warehouses

Website

www.odysseylogistics.com

Verticals

IoT (Internet of Things)

Company Stage

Mature

Total Amount Raised

Subscriber access only

Odyssey Logistics & Technology Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
N/ACompleted7400 45th Street Court East-
Add-on, Trade SaleCompletedAFF Global Logistics-
Trade SaleCompletedAlternative Distribution Systems Logistics Company, Inc.-

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