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  5. Parity Technology Solutions Acquires Hotspot International

M&A Deal Summary

Parity Technology Solutions Acquires Hotspot International

On November 8, 2019, Parity Technology Solutions acquired communications company Hotspot International

Acquisition Highlights
  • This is Parity Technology Solutions’ 2nd transaction in the Communications sector.
  • This is Parity Technology Solutions’ 1st transaction in Mexico.

M&A Deal Summary
Date 2019-11-08
Target Hotspot International
Sector Communications
Buyer(s) Parity Technology Solutions
Deal Type Add-on Acquisition

Target

Hotspot International

Mexico City, Mexico
Hotspot International is a High-Speed Internet Access (HSIA) provider and hosted software solution to centrally manage guest broadband in Mexico and US. HSI works with major hotel chains including AM Resorts, IHG, Marriott, and ILG, as well as agreements with independent brands such as Pueblo Bonito, Grupo Vidanta, Eurostars, Grupo Real Turismo (Camino Real and Quinta Real). Hotspot International was founded in 2002 and is based in Mexico City.

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Buyer(S) 1

Buyer

Parity Technology Solutions

Toronto, Ontario, Canada
Category Company
Founded 2006
Sector Information Technology
DESCRIPTION

Parity Technology Solutions is a single-source hospitality technology provider servicing over 1,600 hotels worldwide. We deliver reliable, flexible technology solutions that improve guest satisfaction and guarantee measurable returns to our clients. Parity Technology Solutions was founded in 2006 and is based in Toronto, Canada.

DEAL STATS #
Overall 2 of 2
Sector: Communications M&A 2 of 2
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Mexico M&A 1 of 1
Year: 2019 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-08 Liveport

West Kelowna, British Columbia, Canada

Liveport Corp. provides hotels with guest wireless Internet, WiFi and HSIA solutions, including hardware and 24/7 guest support. Liveport Corp. was founded in 2007and is based in West Kelowna, British Columbia.

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