H.I.G. Capital Acquires DHISCO
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H.I.G. Capital Acquires DHISCO

dhisco nf1The distribution division of Pegasus Solutions has been acquired by H.I.G. Capital and re-launched as The Distribution Hospitality Intelligent Systems Company (DHISCO).  The new brand, DHISCO, has roots from the original company’s inception 26 years ago under the name THISCO, The Hotel Industry Switch Company.

DHISCO is a processor of electronic hotel transactions providing connectivity and distribution services, including marketing, capturing and booking reservations, to over 100,000 hotels worldwide – representing 300 plus hotel chains in more than 200 countries. The company facilitates over eight billion shopping transactions each month.  DHISCO will continue to be headquartered in Dallas and has additional offices in Scottsdale, AZ and London (www.dhisco.com).

toni portmann nf1Toni Portmann has been appointed to serve as CEO and Executive Chairman of the Board of the new company.  “The H.I.G. partnership allows DHISCO to realize our full potential by enabling us to deepen our existing client relationships and expand our product and services platform,” said Ms. Portmann.

H.I.G. Capital specializes in providing capital to small and medium-sized companies and invests in management-led buyouts and recapitalizations of manufacturing or service businesses. H.I.G. Capital has more than $17 billion of capital under management. The firm was founded in 1993 and is based in Miami with additional offices in Atlanta, Boston, Chicago, Dallas, New York, San Francisco, London, Hamburg, Madrid, Milan, Paris, and Rio de Janeiro (www.higcapital.com).

© 2015 PEPD • Private Equity’s Leading News Magazine • 1-15-15

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