CapitalG in Secondary Share Purchase in Odoo

Cleary Gottlieb represented CapitalG in a €500 million secondary share investment led by CapitalG and Sequoia Capital, announced on November 20, 2024.

CapitalG is Alphabet Inc.’s independent growth fund. It invests in companies that have established product market fit and are ready to scale. To date, CapitalG has $7 billion in assets under management.

Odoo is a leading suite of open-source business applications. Founded in 2002 by Fabien Pinckaers, its current CEO, Odoo is one of the most installed cloud business applications with over 107 million users and 2,000+ installations/cloud databases created each day.

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