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Odyssey Landscaping becomes employee owned

October 26, 2021 -  By

Odyssey Landscaping transitioned to employee ownership by becoming a 100 percent employee-owned company through the sale of stock to a newly created employee stock ownership plan (ESOP).

Atlantic Management Co. served as an independent financial advisor to the trustee of the ESOP.

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.

Cory Melnick of Atlantic said, “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.”

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