Channel e2e: Private Equity Firm Acquires IT Services Provider Enseo
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. Enseo plans to use the investment to rapidly accelerate growth, both organically and inorganically, according to the company.
Dallas Morning News: Plano’s Enseo Inc. sells majority stake to private equity firm, new CEO coming soon
The investment in Enseo Inc., best known for delivering in-room entertainment to TVs in nearly 2,000 hotels in North America, comes after founder Vanessa Ogle pivoted last year to keep the company afloat after the COVID-19 pandemic closed down the hospitality industry for months.
Skift: Private Equity Buys Hotel Guest Room Tech Provider Enseo
H.I.G. Capital, a private equity and alternative assets investment firm, has acquired a majority interest in Enseo, a company that’s best known for delivering in-room digital entertainment via hotel TVs. Properties flagged with brands such as Marriott, Hilton, and La Quinta use Enseo’s tech in almost 1,900 hotels in North America.
