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H.I.G. Capital Makes a Strategic Investment in 360 Destination Group and CSI DMC
TelAve News/10856844
BOSTON, March 13, 2025 ~ H.I.G. Capital, a global alternative investment firm with $67 billion in assets under management, has recently announced a strategic investment in two leading destination management companies (DMCs), 360 Destination Group and CSI DMC. This investment will facilitate the merger of the two companies, creating a powerhouse in the event services industry.
Both 360 Destination Group and CSI DMC specialize in providing end-to-end event services to enterprise customers in the United States and international markets. They plan and manage large corporate events, incentive trips, and conferences, offering services such as décor design, food and beverage management, entertainment, production, and transportation. With their deep local expertise and commitment to creating unique and memorable event experiences, both companies have established strong reputations in the industry.
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The merger of these two companies will allow them to better serve their customers across 46 destinations worldwide. This includes both domestic locations within the United States as well as international destinations. The combined company will have an even greater ability to provide tailored and high-impact events for their clients.
Trevor Hanks, Managing Partner of 360DG, expressed his excitement about this partnership stating that it marks a significant milestone for their company. He believes that with the support of H.I.G., they can continue to innovate and offer even more exceptional events in new locations. Shelly Archer, Managing Partner of 360DG, also shared her enthusiasm for this merger as it will allow them to maintain their local expertise while expanding their global reach.
Hope Valentine, President of CSI DMC, emphasized their commitment to providing creative and personalized event experiences across various locations. She believes that by joining forces with 360DG, they can leverage each other's strengths to continue delivering extraordinary events on a larger scale. Tom Hubler, Chief Operating Officer of CSI DMC echoed this sentiment by stating that together they can enhance their white glove service and expand their capabilities to better serve customers across more destinations.
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Andrey Vakhovskiy, Managing Director at H.I.G., believes that this merger of equals will create the leading event services platform in the destination management industry. He is confident that with their strong reputations for delivering exceptional experiences, CSI DMC and 360 Destination Group will set a new industry standard for destination events. H.I.G. is committed to supporting their continued growth and success.
In conclusion, this strategic investment by H.I.G. Capital in 360 Destination Group and CSI DMC marks an exciting new chapter for both companies. With their combined expertise and resources, they are poised to become the go-to destination management company for clients seeking unforgettable event experiences across the globe.
Both 360 Destination Group and CSI DMC specialize in providing end-to-end event services to enterprise customers in the United States and international markets. They plan and manage large corporate events, incentive trips, and conferences, offering services such as décor design, food and beverage management, entertainment, production, and transportation. With their deep local expertise and commitment to creating unique and memorable event experiences, both companies have established strong reputations in the industry.
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The merger of these two companies will allow them to better serve their customers across 46 destinations worldwide. This includes both domestic locations within the United States as well as international destinations. The combined company will have an even greater ability to provide tailored and high-impact events for their clients.
Trevor Hanks, Managing Partner of 360DG, expressed his excitement about this partnership stating that it marks a significant milestone for their company. He believes that with the support of H.I.G., they can continue to innovate and offer even more exceptional events in new locations. Shelly Archer, Managing Partner of 360DG, also shared her enthusiasm for this merger as it will allow them to maintain their local expertise while expanding their global reach.
Hope Valentine, President of CSI DMC, emphasized their commitment to providing creative and personalized event experiences across various locations. She believes that by joining forces with 360DG, they can leverage each other's strengths to continue delivering extraordinary events on a larger scale. Tom Hubler, Chief Operating Officer of CSI DMC echoed this sentiment by stating that together they can enhance their white glove service and expand their capabilities to better serve customers across more destinations.
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Andrey Vakhovskiy, Managing Director at H.I.G., believes that this merger of equals will create the leading event services platform in the destination management industry. He is confident that with their strong reputations for delivering exceptional experiences, CSI DMC and 360 Destination Group will set a new industry standard for destination events. H.I.G. is committed to supporting their continued growth and success.
In conclusion, this strategic investment by H.I.G. Capital in 360 Destination Group and CSI DMC marks an exciting new chapter for both companies. With their combined expertise and resources, they are poised to become the go-to destination management company for clients seeking unforgettable event experiences across the globe.
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