DeCurtis Corporation, a leading technology software solution provider
focused on the enhancement of guest experiences and property management,
received a significant, majority, strategic growth investment from
Shamrock Capital, a Los Angeles-based investment firm. Terms of the
transaction were not disclosed.
DeCurtis Corporation provides software solutions across the cruise line,
theme park, hospitality, restaurant and related industries where
high-quality technology is critical to sustainable growth. The DeCurtis
Experience Platform (DXP) is an end-to-end, enterprise grade software
solution that enables location and proximity-based services to assist in
operational efficiency, experience enhancement and customer engagement.
A few areas currently covered by the current iteration of the DXP are:
activity and voyage reservations, free-flow embarkation and
disembarkation modules, e-mustering, food & beverage reservations and
ordering, table management, wayfinding, cabin / housekeeping
notifications, kid activity and safety solutions.
“Shamrock’s long track record of working with companies focused on
improving customer experiences coupled with their understanding of our
business objectives and strategy make them the perfect partner for us,”
said David DeCurtis, Founder and CEO of DeCurtis Corporation. “This
investment will enable us to scale our growth effectively, to continue
to enhance our technology suite, and to enable us to expand our
solutions into additional verticals well-beyond the cruise and
hospitality verticals.”
The cruise industry, according to Cruise Lines International
Association, is undergoing explosive growth – there are over 300 ships
in the water today increasing by 100 more in the next four years. The
DeCurtis software solution is integrated in multiple leading operator’s
lines today, as publicized with best-in-class operators such as
Norwegian Cruise Lines and Crystal Cruise Lines. The DeCurtis Experience
Platform installation does not require a drydock, enabling cruise
operators to have a cost-efficient and flexible foundation to reduce
friction at all points in addition to enhancing a traveler’s experience
from well before a voyage and extending to well after.
“In May 2018, we partnered with DeCurtis Corporation and launched Cruise
Freedom, our technology platform aimed at enhancing the guest experience
from booking to disembarkation,” said Frank Del Rio, president and chief
executive officer of Norwegian Cruise Line Holdings Ltd. “While personal
interaction will never be replaced with technology, the seasoned
professionals at DeCurtis have provided us with a software solution that
will empower our team to provide guests with seamless and unforgettable
vacation experiences.”
“DeCurtis Corporation is a true industry leader at the forefront of
helping its clients increase operational efficiency and enhance the
customer experience through its innovative technology,” said Andy
Howard, Partner at Shamrock Capital. “The DeCurtis Experience Platform
is easily and directly applicable to a wide range of industries to
utilize its numerous software solutions. We look forward to partnering
with the DeCurtis team to realize its larger vision and ultimate growth
aspirations.”
DeCurtis Corporation has approximately 170 employees with offices and
presence located in Orlando, FL; Miami, FL; Raleigh, NC; Dallas, TX; and
Bangalore and Jaipur, India.
Q Advisors, a global TMT investment banking boutique, represented
DeCurtis on the transaction.
About DeCurtis Corporation
DeCurtis Corporation is the first choice for location and
proximity-based guest experience solutions. Creator of Mobile Assembly
Suite (MAS) and the DeCurtis Experience Platform (DXP) software,
DeCurtis Corporation is the leader in transformational experience
technology focused on cruise but applicable to restaurants, theme parks,
and the extended hospitality industry. With a vast range of experience
working with some of the world’s best, most-recognized brands, DeCurtis
Corporation transforms existing client experiences to make them better,
faster and stronger through creative application of the latest
technology. Pairing deep industry knowledge with that technology,
DeCurtis Corporation transforms day-to-day experiences for clients and
their guests. For more information on DeCurtis Corporation, please visit www.decurtis.com.
About Shamrock Capital
Shamrock Capital is a Los Angeles-based investment firm with
approximately $1.5 billion of assets under management, investing
exclusively in the media, entertainment, and communications sectors.
Shamrock was originally founded in 1978 as the family investment company
for the late Roy E. Disney and has since evolved into an institutional
money manager with a leading group of investors including endowment and
pension funds. Shamrock partners with strong management teams and takes
an active, collaborative approach to creating value in each investment.
Shamrock’s current investments include Appetize, Branded Cities, BTI
Studios, FanDuel, Maple Media, Mobilitie, Omega Wireless, Pixellot,
Screenvision Media, Silvergate Media and Wpromote. For more information,
visit shamrockcap.com.
View source version on businesswire.com: https://www.businesswire.com/news/home/20190520005066/en/