H.I.G. Capital, a prominent global alternative investment firm managing $67 billion in capital, has announced a strategic investment in 360 Destination Group (360DG) and CSI DMC (CSI). This investment aims to facilitate the merger of these two leading destination management companies (DMCs), enhancing their ability to provide comprehensive event services.

Both 360DG and CSI specialize in planning and managing large corporate events, incentive trips, and conferences, offering services that include décor design, food and beverage management, entertainment, and transportation. The merger will enable the combined entity to serve clients across 46 destinations globally, enhancing their market reach and service offerings.

Trevor Hanks, Managing Partner of 360DG, emphasized that this investment is a significant milestone that will allow the company to innovate and provide more tailored event experiences. Shelly Archer, also a Managing Partner at 360DG, noted that the merger will enhance their global service capabilities while retaining the local expertise that differentiates them in the market.

Hope Valentine, President of CSI, expressed that the merger will leverage the complementary strengths of both companies, ensuring they continue to deliver extraordinary events across a broader geographic area. Tom Hubler, COO of CSI, added that the collaboration will enhance their creative offerings and improve the high-quality service clients expect.

Andrey Vakhovskiy, Managing Director at H.I.G., stated that this merger creates a leading platform in the destination management industry, with both companies having strong reputations for exceptional service. He looks forward to supporting their growth and setting new industry standards.

360 Destination Group has been delivering memorable events since 1978, providing a comprehensive range of event services. CSI DMC, established in 1987, is known for its creativity and deep local knowledge, supporting clients with extensive resources and logistical expertise.

H.I.G. Capital, founded in 1993, specializes in providing both debt and equity capital to middle-market companies, focusing on management buyouts, recapitalizations, and corporate carve-outs. The firm has invested in over 400 companies worldwide, with a current portfolio of more than 100 companies generating combined sales exceeding $53 billion.

For more information about H.I.G. Capital and its portfolio, visit their website at hig.com.