NASHVILLE, Tenn., June 18 /PRNewswire/ -- Uniguest™, a provider of print, technology and specialized services globally for the lodging, restaurant and healthcare industries, announced today the continuing expansion of its kiosk division, with the purchase of Showcase Technology's U.S. hotel business center customers.
Riverview Capital Advisors, LLC acted as the exclusive financial advisor to the principals of Uniguest in the acquisition. The transaction was financed by Nashville-based Pinnacle Financial Partners. Details of the deal were not given. Exceptions to the agreement are Waldorf Astoria Hotel and Resorts and Fairmont Hotel properties, which Showcase, based in Torrance, Calif., will maintain.
Uniguest's kiosk division provides security software protection, ongoing IT help desk support and general kiosk management for approximately 3,000 global hotel customers and more than 5,000 computer workstations. The acquisition will add close to 350 USA locations and 600 computer workstations.
"Uniguest and Showcase have followed very similar paths over the last decade," said Shawn Thomas, CEO and co-founder of Uniguest. "As competitors, we started about the same time, both offering innovative, secure products for the hospitality industry and strong commitments to our customers. We are excited about the acquisition and all of its future possibilities. I would expect many new developments, both in technology and future business deals, between the two companies."
Customers will experience no downtime or change of services as part of this transaction. They will continue to receive the same high level of support and Showcase software solutions.
"Working with Uniguest has been a great experience," added Paul Rajewski, chairman and CEO, Showcase Technology. "Although we will continue to maintain our kiosks in Canada and at the Waldorf and Fairmont properties, the acquisition allows us to concentrate on our biggest strengths – developing technology and providing innovative solutions to complex problems for the hospitality industry."
As part of the acquisition, Uniguest will become a reseller of Showcase's NetStop™ kiosk software as well as license Showcase's proprietary database management software for kiosks. Thomas added, "As a solutions provider, we are always researching software platforms in order to better serve our customers. Adding these new software solutions to our already robust offerings will bring more value to our customers."
Uniguest will be showcasing its technology products and services at HITEC 2010 in Orlando, Fla., June 21-24, booth 1343. For more information on Uniguest, please visit www.uniguest.com or follow the company on facebook.com or twitter.com.
Based in Nashville, Tenn., Uniguest is a diversified company providing print, technology and specialized services globally for hospitality, healthcare and other industries. Products and services include custom-printed publications, security software solutions, self-serve kiosk solutions, digital signage, advertising sales and help-desk computer support.
About Showcase Technology
Founded by entrepreneur Paul Rajewski, Showcase Technology is a leader in providing secure, centrally-managed, complimentary-use and pay-for-use computer systems, printers, copiers and fax machines to the hospitality, airport and university marketplaces. Showcase's direct network features approximately 1,200 automated machines in hundreds of hotel business centers located across the United States and Canada, as well as thousands owned by Showcase customers. For more information on Showcase, please visit showcasetech.com.