Single Digits Inc, a portfolio company of GI Partners, has acquired Carlsbad, California-based Sunray, a hospitality network design and management firm. No financial terms were disclosed.
BEDFORD, N.H. (PRWEB) JULY 02, 2019
Single Digits, Inc. announced today that it has completed the acquisition of hospitality network design and management company Sunray. As part of the acquisition, Single Digits will onboard all Sunray customers and welcome senior leadership, sales, and support staff into the its global organization. The addition of Sunray into the Single Digits family will also mean a new West Coast office in Carlsbad, California.
The addition of Sunray’s core networking and software capabilities reinforces Single Digits’ ongoing commitment and aggressive growth strategy for forging the way as the industry leader in intelligent managed networks, High-Speed Internet Access, and next generation Wi-Fi solutions.
“Today, Single Digits is delivering an unparalleled connected experience for our customers and their end users. The acquisition of Sunray serves to accelerate that effort. The inclusion of technology resources focused on ease of use and platform engagement, as well as additional strategic customer support coverage with the addition of staff and a new office in California is yet another significant proof point in our relentless commitment to offering an unmatched solutions and services portfolio to our customers,” says Steve Singlar, President and CEO of Single Digits.
“We’re excited to announce the completion of this transaction with Single Digits. We truly believe this will serve as an industry changing combination, leveraging Sunray’s proactive network automation and the full suite of capabilities from Single Digits Broadband Authentication platform,” says Gary Cote, CEO of Sunray. “We know this powerful new offering will serve our customers well.”
Single Digits’ acquisition of Sunray will bring enhanced and simplified network onboarding and management to Sunray’s customers across their managed intelligent networks, while also increasing value for our customers by offering deeper, automated and proactive insights into property networks with premier support services. Single Digits boasts the unique capability to solve connectivity and network challenges that impact property owners and network subscribers with resources around the world. The marriage of Sunray’s intuitive software offering with the scalability of Single Digits cloud platform will provide the foundation to deliver the ultimate connected guest experience.
Single Digits was recently acquired by GI Partners, a leading private equity firm. This is the third strategic acquisition for Single Digits under GI Partners’ ownership.
Sunray is the hospitality industry’s go-to service provider for the most reliable, seamless and user-friendly Internet browsing experience. Headquartered in Carlsbad, CA, Sunray designs, integrates and supports custom High-Speed Internet Access solutions for an all-around better guest experience. In business since 2005, we have worked with select partners to provide high-touch customer service and satisfaction.
Our solution fuses cutting-edge proprietary software with your company’s architecture and bandwidth demand for individualized service to deliver unparalleled support and service.
About Single Digits
Single Digits is a leading provider of intelligent managed networks, next generation Wi-Fi solutions, High-Speed Internet Access management and global support solutions. The company offers complete guest and resident internet and connectivity solutions, including components of IP network design, engineering, professional services, ongoing maintenance, networking monitoring, multi-lingual support, revenue reporting and authentication tracking. Single Digits currently serves over 4,000 customers across the hospitality, student housing, MDU, transportation, and federal and municipal government facilities.
About GI Partners
Founded in 2001, GI Partners is a private investment firm based in San Francisco, California. The firm has raised over $17 billion in capital from leading institutional investors around the world to invest in private equity, real estate, and data infrastructure strategies. The private equity team invests primarily in companies in the Healthcare, IT Infrastructure, Services, and Software sectors. The real estate team invests across a broad range of platforms and strategies. The data infrastructure team invests primarily in hard asset infrastructure businesses underpinning the digital economy. For more information on GI Partners and its entire portfolio, please visit http://www.gipartners.com.