Private equity takes majority stake in hospitality tech provider Enseo

Private equity firm H.I.G. Capital has acquired a majority stake in Texas-based Enseo, a provider of in-room entertainment, Wi-Fi, smart room automation, energy management and other technology solutions for the hospitality industry. 

Terms of the deal have not been disclosed.

With the investment Enseo says it will “continue to innovate in hospitality and aggressively expand into senior living, education, healthcare and other new vertical markets.” The company says its systems are currently used by guests in more than 300,000 rooms worldwide from brands including Marriott International, Hilton, La Quinta and InterContinental Hotels Group.

“H.I.G. is excited to partner with founder-led companies like Enseo that are leaders in their fields,” says 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 founder and CEO Vanessa Ogle will remain as chairman of the board and will continue as interim CEO until a new chief executive is named through a committee process.