Majority interest acquisition to fuel rapid growth acceleration, optimize product GTM timeline, and support strategic M&A activity
Enseo, the premier services provider offering in-room technology solutions to the hospitality, senior living, education, and healthcare markets, has secured a growth investment from H.I.G. Capital (“H.I.G.”), a leading alternative investment firm with $44 billion of equity capital under management.
With this investment, Enseo will rapidly accelerate growth, both organically and inorganically. Enjoyed by guests in more than 300,000 rooms worldwide, Enseo will continue to innovate in hospitality and aggressively expand into senior living, education, healthcare, and other new vertical markets.
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“H.I.G. is excited to partner with founder-led companies like Enseo that are leaders in their fields,” said Todd Ofenloch, Managing Director at H.I.G. “Enseo is uniquely positioned to build upon its meaningful innovations in this market to address some of the major challenges in the industry, including employee safety systems, IoT room controls, and contactless technologies. We look forward to working with the Enseo management team to support their growth initiatives.”
Enseo is a rapidly growing integration services provider and leader in guest-room entertainment and customer experience management. Led by founder and CEO, Vanessa Ogle, Enseo’s technology now reaches more than 85 million users annually with Fortune 500 and industry-leading customers, and offers solutions for in-room entertainment, managed WiFi, smart room automation and energy management, and a suite of health & safety solutions.
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“H.I.G.’s investment is a testament to Enseo’s unique capabilities, leading market position and substantial opportunity for growth,” said Vanessa Ogle, Chairman of Enseo. “Enseo’s success is a result of its amazing team, loyal customers, and committed vendor partners who worked hand-in-hand with us to successfully navigate the effects of COVID-19 on the travel industry. The best is truly yet to come.”
Vanessa Ogle remains Chairman of the Board and will continue as interim CEO until a new CEO is named through a committee process. Enseo’s current management team will continue to lead Enseo to focus on operational success and product innovation that elevates the user experience in hotels, schools, senior living, hospitals, and multi-family dwelling locations.
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