Go to deals
Business Support Services | TMT

Swisscom AG has sold the business unit Hospitality Services to HoistLocatel AB

Swisscom AG has sold Swisscom Hospitality Services to HoistLocatel AB. Financial details have not been disclosed.

Swisscom Hospitality Services (SHS) has been active for over 12 years in the provision of high-speed internet access services (HSIA), interactive entertainment systems (IPTV), conference solutions and managed network services for hotels and conference centers in the EMEA region and in North America. SHS serves over 2,000 sites, encompassing 260,000 guest rooms, with its convergent IP services. In 2014, SHS has seen its installed customer base grow by 20% as demand for quality HSIA services as well as for hospitality-specific IP network design and installation skills have been rising substantially.

HoistLocatel AB develops and supplies systems, products and services to independent hotels and hotel chains, hospitals and public venues in Europe and the Middle East.

Swisscom is Switzerland’s leading telecom company and one of its foremost IT companies. Swisscom’s international activities are concentrated mainly on Italy, where its subsidiary Fastweb is one of the country's largest broadband providers. Swisscom employs around 21,500 people and had revenues of US$12 billion in 2015. The company is listed at the Swiss Stock Exchange SIX in Zurich, while 51% of the shares are held by the Swiss Confederation.

Oaklins' team in Switzerland supported the seller in the preparation of the sale process, including the drafting of the information memorandum and the financial information.

Parties

Talk to the deal team

Dr. Jürg Stucker

Partner
Zurich, Switzerland
Oaklins Switzerland

Dr. Daniel Spring

Partner
Bern, Switzerland
Oaklins Switzerland

Related deals

Amber-Allen Publishing has sold its publishing assets to Penguin Publishing Group
TMT

Amber-Allen Publishing has sold its publishing assets to Penguin Publishing Group

Amber-Allen Publishing, home to some of the world’s most influential personal development books, most notably “The Four Agreements” by Don Miguel Ruiz and Janet Mills, has sold its publishing assets to Penguin Publishing Group. When the acquisition is complete, the Amber-Allen list will be managed by the TarcherPerigee imprint.

Learn more
Talan Group has acquired Thinkmax
TMT

Talan Group has acquired Thinkmax

Talan Group has strengthened its presence in Canada and North America and accelerated international growth with the acquisition of Thinkmax.

Learn more
PiLON has been acquired by United Living Group
Business Support Services

PiLON has been acquired by United Living Group

United Living Group has acquired PiLON, the property services business operating in the social housing sector. This transaction combines PiLON’s expertise in social housing maintenance and people-focused approach with United Living Group’s extensive resources and industry network. PiLON is now well-positioned to explore new avenues for innovation, expand its service capabilities and deliver even greater value to its clients and communities.

Learn more