HSG Holding acquires hospitality entertainment leader Quadriga

Newly created hospitality industry investment outfit HSG Holding has entered into a definitive agreement for the acquisition of hospitaly entertainment specialist Quadriga Systems Limited.

Quadriga provides cloud-based IT solutions and infrastructure for the hospitality industry in Europe, Africa and the Middle East. With this acquisition, HSG Holding said it would strengthen its position in the hospitality arena as an investment vehicle to support the development of companies within the industry in the post COVID 19 period.

Quadriga has been supplying interactive TV platforms, property-wide connectivity solutions and network integration to global hospitality chains since the early days of the industry.
The company was the first to introduce digital video-on-demand as well as a full streaming solution to its customers and recently rolled out its fully integrated, cloud-based, data centric set of services.

HSG Holding was established to focus on investment opportunities within the hospitality sector at the intersection where the strength of traditional hospitality operations meets with new technologies that can assist in the digital transformation of the industry. The company said it believes in investing over the long-term as it sees great opportunities for growth in the EMEA region and beyond.
“The acquisition brings to the group product and solution.

capabilities, and demonstrates continued commitment to clients, and helps them navigate their digital convergence and transformation journey. Quadriga also brings comprehensive service management portfolio, in-house platform development, including next generation networks and integration with partner services over converged network infrastructure” says Jean-Philippe Delouis, CEO of Quadriga Systems Ltd.