TI Partners Advises Enseo on Growth Investment from H.I.G. Capital

HIG Capital has made a growth investment in Enseo, the premier services provider offering in- room technology solutions. TI Partners served as the exclusive financial advisor to Enseo.

TI Partners, a New York and Atlanta based Advisory and Investment Firm, announced that their client, Enseo, LLC ("Enseo"), has received a growth investment from H.I.G. Capital ("H.I.G.").

Founded in 2000 by Vanessa Ogle and based outside Dallas, Texas, Enseo is the premier services provider offering in-room technology solutions to the hospitality, senior living, education, and healthcare markets. The investment will rapidly accelerate Enseo's 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.

"We engaged TI Partners because of the breadth of their experience and capabilities in our space, and as they and we evolved our objectives, their team stood up to the task time and time again. Derick Schaudies, Stan Brovont and the rest of the TI team performed a fabulous service that continuously prioritized our shareholders' objectives while also simply getting the job done without fail." - Vanessa Ogle, CEO and Founder, Enseo

"Vanessa and the whole team at Enseo really are phenomenal strategic and innovative operators. All of us at TI Partners were thrilled and thankful to play the part we could, and we are excited to see where HIG can further help expand what's already a powerhouse in the industry," Derick Schaudies, Managing Director at TI, stated.

About Enseo

Enseo is the premier provider of customer experience management technology in the U.S., offering solutions in hospitality, senior living, education, and healthcare. Located in Plano, TX, Enseo has been engineering innovative hardware and software solutions for 21 years that deliver in-room entertainment, managed WiFi, smart room automation (IoT) and energy management, and a suite of health & safety solutions including employee emergency alert system, MadeSafe®, and touchless technology. Enseo is enjoyed by more than 85 million users annually.

Enseo has been recognized for excellence as a Financial Times's America's Fastest Growing Companies, one of the best Entrepreneurial Companies in America for three consecutive years by Entrepreneur Magazine's Entrepreneur 360 List, the 10th Fastest-Growing Women-Owned/Led Company by Women Presidents' Organization (WPO), and consistently recognized on the Inc. 5000. For more information, please visit www.enseo.com.

About H.I.G. Capital

H.I.G. is a leading global private equity and alternative assets investment firm with $44 billion of equity capital under management. Based in Miami, and with offices in New York, Boston, Chicago, Dallas, Los Angeles, San Francisco, and Atlanta in the U.S., as well as international affiliate offices in London, Hamburg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro and São Paulo, H.I.G. specializes in providing both debt and equity capital to small and mid-sized companies, utilizing a flexible and operationally focused/ value-added approach. Since its founding in 1993, H.I.G. has invested in and managed more than 300 companies worldwide. The firm's current Page 2/3 If you have any questions regarding information in these press releases please contact the company listed in the press release. Our complete disclaimer appears here portfolio includes more than 100 companies with combined sales in excess of $30 billion. For more information, please refer to the H.I.G. website at www.higcapital.com.

About TI Partners

TI Partners is a full service financial advisory firm with offices in New York, Atlanta, and Los Angeles whose capabilities include buy-side, sell-side, equity and debt capital raises, as well as strategic advisory services.

ATLANTA--(BUSINESS WIRE)--TI Partners, a New York and Atlanta based Investment Advisory and Merchant Bank, announced the sale of their client Bel Air Internet, LLC ("BAI") to M/C Partners ("M/C"). BAI is one of the largest privately owned Internet Service Providers to multi-family and commercial clients in California providing services to over 800 buildings in the greater Los Angeles market. BAI was acquired in full without contingencies by M/C, a Boston based private equity firm focused on small and mid-sized businesses in the communications and technology services sectors. BAI will be combined with M/C's recent acquisitions of AerioConnect and Metro Fiber, creating one of the largest ISP's in the region.

Terry Koosed noted, "We spent a lot of time meeting with all the major Investment Bankers in our niche over the years before we made the decision to sell our company. Throughout that time, [TI] consulted with us on numerous occasions and we were impressed with their foresight and knowledge of the industry. When we finally did decide to pull the trigger we had our choice of a number of great Investment Bankers to choose from, but TI's commitment to our company over the years combined with their understanding of our company and who we were, led to our decision to go with TI. This decision led us to a success that we only could have imagined a few years ago and we are so happy and pleased with the full team. It was a difficult process (as they often are) and we appreciated their super guidance through it all."

TI Partners is highly focused on middle market technology and telecom firms whose principals have over 50 years of combined experience in this market. The team has executed over 105 M&A, restructuring and capital raising deals with cumulative transaction values over $170B with an 85% close rate in the past two years. The leadership team has public and private M&A experience (domestic and cross border), deep knowledge of strategic and financial buyers with a proprietary database tracking the behavior of more than 4,200 private equity investors and 1,800 strategic acquirers, and the winner of M&A Advisor's 2018 Information Technology Deal of the Year.

"We were grateful to have had the opportunity to work with the full team at BAI to effectuate a great transaction that we're excited to see grow for M/C," Derick Schaudies stated.

"TI's focus on understanding the telecom industry enables us to better represent our clients, ensuring the best possible strategic and cultural fit, and of course value," aid Stan Brovont, Managing Director and former head of M&A, strategy and marketing at ARRIS Inc, (now CommScope).

About Bel Air Internet

Based in Los Angeles, BAI is a leading provider of Internet, Voice and Video services for over a decade to the greater Los Angeles market. Bel Air serves over 800 multi-family and commercial buildings throughout the Los Angeles market. Please visit us at www.belairinternet.com.

About TI Partners

TI Partners is "Technology as Infrastructure" - the core concept of a full service merchant bank focused on the technology, media and telecommunication sectors. Our advisory services encompass sell-side and buy-side mergers and acquisitions, divestitures, recapitalizations, capital raising, investing and restructuring.

ATLANTA (PRWEB) SEPTEMBER 22, 2020

Stan Brovont has over 30 years of executive-level operations, marketing, sales, and corporate development experience with global leaders in high technology and telecommunications. As a founding executive of ARRIS, Mr. Brovont helped grow that company to $6.4 billion in revenue before its acquisition by CommScope for $7.4 billion. In his last six years at ARRIS, Mr. Brovont served as Head of Corporate Development, Strategy, and M&A, during which time he evaluated 600 companies and executed over 20 public and private company investments and transactions ranging from $6.0 million up to $7.4 billion in value. He also served on the boards of Federated Wireless, Celeno Wireless, Music Choice, Watchwith and Indius Partners. Mr. Brovont's hands-on experience developing, buying, selling, and investing in technology companies will add to TI Partners' strategic and financial advisory capabilities.

Notable transactions and commentary:

Stan Brovont supported ARRIS in the 2017 $841 million acquisition of Ruckus Wireless from Broadcom overcoming significantly complex financial, tax, regulatory, carve-out, and integration challenges. Dan Rabinovitsj, then Ruckus COO, said of Stan's work, "During all phases of negotiations, diligence, and integration Stan demonstrated a sincere desire to fully understand us, our technology, and our business, and helped us understand ARRIS as well. His efforts contributed significantly to a very positive outcome for our parent company, for ARRIS, and for Ruckus Wireless employees and customers."

Also, in 2017 Stan led ARRIS' Series B investment in Federated Wireless and served on its Board. "Stan investigated the investment in Federated Wireless from a very strategic point of view," said Iyad Tarazi, Federated Wireless CEO. "ARRIS was intentionally pivoting into enterprise and wireless markets and Stan saw the relationship with Federated as an enabler in that endeavor."

Among Stan's unique experiences include successfully overcoming two separate DoJ antitrust division second requests. Logan Breed, Partner, Hogan Lovells observed, "Stan's in-depth expertise and longstanding relationships in the telecommunications equipment and MVPD businesses were critical to our success in achieving antitrust clearance of the Motorola Home and Pace acquisitions after deep DOJ investigations into both transactions. Moreover, Stan is a creative problem-solver who knows how to get things done."

About TI Partners
TI Partners is a full service financial advisory firm whose capabilities include buy-side, sell-side, equity and debt capital raises, and strategic advisory services. TI Partners' bankers are exclusively Technology Infrastructure focused and have over 50 years combined experience and have executed over 105 M&A, restructuring and capital raising deals with cumulative transaction values over $170 billion.