Yesterday, Sweden-based HoistLocatel completed the acquisition of Swisscom Hospitality Services (SHS). The new company, Hoist Group, forms the most powerful provider of IT services to the hospitality and healthcare industries in the EMEA region, with a strong North American presence.

Hoist Group is EMEA's premier technology partner for hotels, health care institutions and public operations. With more than 20 years of hospitality experience, Hoist Group is the market leader in innovative High Speed Internet Access, Conference services, TV & Content solutions, PMS and back-office software as well as other technologically-enabled guest-facing amenities.

"I'm really pleased that the deal is closed and I very much look forward to the next phase where we integrate our products and services. By combining with SHS, we bring to market the best Internet services offer available, the Fusion Platform – HSIA has become a key driver in our industry" says Malcolm Lindblom, founder and Chief Executive Officer of Hoist Group, who will continue to lead the group as overall CEO.

The key driver behind the partnership was the desire to meet customers' expectations, in terms of providing the best of functionalities and services coupled with competitive terms and conditions. The move will enable the company to achieve this goal while still delivering high volumes and scalability in products. The partnership also gives Hoist Group the unique possibility to be at the forefront of development and offer the best solutions in the market place.

"All of our key customers have applauded this combination which will create a one-stop shop for the industry across EMEA – within Hoist Group we can reach the critical mass to better serve our partners with more resources to develop, deploy and serve innovative solutions at more attractive terms" says Alfonso Tasso, former CEO of SHS and newly appointed Deputy CEO of the Hoist Group.

About Hoist Group

Hoist Group is the complete hospitality partner for hotels, health care institutions and public operations. With more than 20 years of proven hospitality experience, Hoist Group is the market leader in innovative High Speed Internet Access, conference services, TV & content solutions, PMS and back-office software as well as other guest-facing amenities. Many hotel chains, flagship independent hotels and public hospitals have entrusted their IT to Hoist Group. Based in Sweden, the company has offices in a total of 18 countries in the EMEA region. Learn more about the company at www.hoistgroup.com.

View source