H.I.G. Capital has completed a strategic investment to facilitate the merger of 360DG and CSI, creating a leading destination management company poised for significant growth in the event services industry.

Information on the Target

H.I.G. Capital, a prominent global alternative investment firm with $67 billion in capital under management, has announced a strategic investment through one of its affiliates in two leading destination management companies, 360 Destination Group (360DG) and CSI DMC (CSI). This investment aims to facilitate the merger of these two companies, both of which excel in providing comprehensive event services both domestically in the U.S. and internationally. With a strong focus on crafting bespoke event experiences, the merged entity will enhance its ability to manage large corporate events, incentive trips, and conferences effectively.

Both 360DG and CSI possess extensive local knowledge and expertise in their operational regions. They offer a wide range of services, including decor design, food and beverage management, entertainment, production, and transportation, which are crucial for creating memorable events. By combining their resources and regional strengths, the newly formed company will be better positioned to serve its clients across 46 destinations worldwide, enhancing their operational capacity and market reach.

Industry Overview in the Target’s Specific Country

The destination management industry in the United States is witnessing notable growth, primarily driven by the increasing demand for corporate events and experiential marketing. As businesses recognize the value of engaging experiences,