Uniguest, which is backed by Atlantic Street Capital, has acquired UK-based Oneland, a digital signage and visual communications company. No financial terms were disclosed. 7 Mile Advisors advised Uniguest on the deal.
CHARLOTTE, NC – Uniguest, a cybersecurity technology specialist in the secure kiosk space with a customer-centric approach focused on hospitality, office retail, and community living, acquired ONELAN, a U.K.-based digital signage and visual communications company. Atlantic Street Capital is the lead investor in Uniguest.
Uniguest was advised exclusively by 7 Mile Advisors on the buyside throughout the transaction. “7 Mile Advisors played an integral role in our acquisition of ONELAN. Their focus on the Tech-enabled business services and software sectors allowed them to quickly understand Uniguest’s strategic initiatives, coordinate productive discussions with actionable target companies, and professionally manage both parties through the transaction process.” – Jeff Hiscox, CEO, Uniguest Inc.
Throughout 2015 and 2016, Uniguest was highly acquisitive in the secure kiosk market. After a review of customer feedback and market demand, the Nashville, TN based organization is excited to announce its latest acquisition of ONELAN. ONELAN’s digital signage and visual communications solutions are a highly complementary extension to Uniguest’s current portfolio of products. The combined solution offering will assist Uniguest customers in driving guest, shopper, and resident engagement in the hospitality, office retail, and community living industries. Further, as the digital signage and interactive kiosk technology markets continue to gain momentum, the company expects opportunities for deeper expansion into markets where customer focus and interaction is critical including retail, healthcare, education, and the travel industry.
ONELAN is a global leader in developing and managing visual applications such as digital signage, wayfinding, and meeting space bookings. Its footprint spans across 6,000 projects in 50 countries and operates in the education, corporate, retail and hospitality sectors.
“Digital engagement is something we see as a crucial component to the future of the industries we operate in,” Uniguest CEO Jeff Hiscox said. “After doing a thorough review of the market, we realized ONELAN’s solutions are best in class and our combined solutions will drive a new “digital infusion” in the public use space of our customers.”
To ensure a positive impact with customers and ONELAN team members based in the Reading, U.K. headquarters, and to ensure a seamless integration of solutions, ONELAN will continue to operate as a stand-alone business for the near future. Uniguest will fold the signage offerings into its solution set, and the products will be available to Uniguest clients during the second quarter of 2018.
Prior to the ONELAN acquisition, Uniguest operated more than 28,000 devices across 15,000+ locations in 68 countries. Adding ONELAN expands Uniguest’s footprint not only in the U.K. but across Europe, the Middle East, Asia and Australia as well. Its innovative suite of fully managed and supported solutions includes business centers, interactive kiosks, digital signage, purposed tablets, mobile printing, and personalized printing.
As the digital signage market has become increasingly pervasive, operating software, content management systems and security accompanying the signage have become of corollary importance. 7 Mile Advisors predicts increased M&A activity in this space as platform signage companies acquire firms that offer superior content management solutions, software customization and security in order to a deliver a “full-service” digital signage company.
“As Tech-enabled Services and Software specialists, the digital signage ecosystem is quite intriguing for 7 Mile Advisors. We’ve found that, although the market is still quite fragmented, it is growing rapidly and has entered an exciting phase of consolidation. Historically, companies were successfully able to focus on a single capability whether it be the manufacturing of signage hardware, the software platform driving content, the custom development of content, or sophisticated data collection and analytics, but as customers in B2B and B2C markets continue to adopt digital signage solutions there is increased demand for end-to-end capabilities leading to an increase in strategic acquisitions.” says Tim Frye, Director at 7 Mile Advisors.
About 7 Mile Advisors
7 Mile Advisors provides Investment Banking & Advisory Services to the Business Services and Technology Industries globally. 7 Mile Advisors advises on M&A and private capital transactions, and provides market assessments and benchmarking. As a close-knit team with a long history together and a laser focus on our target markets, 7 Mile Advisors helps its clients sell companies, raise capital, grow through acquisitions, and evaluate new markets. All securities transactions are executed by 7M Securities, LLC, member FINRA / SIPC. For more information, including research on the M&A markets, visit www.7mileadvisors.com.
Uniguest is a global leader in providing innovative technology solutions to consumer-facing industries. The company’s suite of fully managed solutions— designed to enhance the overall customer experience — include interactive kiosks, digital signage, mobile, and multimedia.
Uniguest provides more than 28,000 customer-facing content delivery solutions around the world, all backed by the confidence of our round-the-clock technical support organization. The company’s secure solutions have helped leading brands in the hospitality, retail, and financial services industries achieve higher value through reduced risk, increased revenue, and greater customer satisfaction. For more information please visit www.uniguest.com.
ONELAN is a global leader in the development and management of enterprise grade technology solutions for digital visual communication, including applications such as digital signage, wayfinding, data visualisation and meeting room bookings. It’s robust, interactive solutions offer scalability and relevance across multiple market sectors, simplifying complex or diverse messages visualised on any device or display.
Organizations in education, corporate, retail and hospitality rely on ONELAN to deliver information to their target audiences. The company has a proven international track record, implementing more than six thousand successful projects across Europe, the Middle East, Asia, Australia and North America.With a solid foundation and long history of profitable growth, the company has a worldwide network of more than 300 accredited dealers and system integrators in 50 countries.
ONELAN is headquartered in the UK with offices in Germany, China and North America. For more information please visit www.onelan.com.
About Atlantic Street Capital
At Atlantic Street, our success hinges on creating a strong partnership with leading entrepreneurs and management teams to scale businesses and unlock underlying value. We are hands-on investors who take the time to learn about the business and gain a full appreciation for operational risks and mitigants. We serve as a sounding board, aligning long term goals with the near-term capabilities and resources of the business. Our objective is to create a sustainable and growing business model that can thrive under our ownership and beyond. For more information, please visit www.atlanticstreetcapital.com.