Channel e2e: Private Equity Firm Acquires IT Services Provider Enseo
H.I.G. Capital acquires Enseo, a Hospitality technology solutions provider that’s expanding into the senior living, education and health care verticals.
Private equity firm H.I.G. Capital has acquired Enseo, a technology services provider that is expanding from the hospitality vertical into senior living, education, and healthcare. Terms of the deal were not disclosed.
Enseo plans to use the investment to rapidly accelerate growth, both organically and inorganically, according to the company.
If the name Enseo isn’t necessarily familiar, many people are likely familiar with the company’s offerings. The Plano, Texas-based company provides in-room entertainment, high-speed internet access, and digital signage in the hospitality, retail and health care sectors.
CEO Vanessa Ogle founded the company in 2000. Ogle will remain chairman of the board and continue as interim CEO until a new CEO is named, the company announced. The company’s current management team will remain on board.