Deal Announcement

Sagent Advisors advises Pegasus in the sale of its Distribution Services business (PDS) to an affiliate of H.I.G. Capital

26 Nov 2014

Sagent Advisors* acted as exclusive financial advisor to Pegasus Solutions, Inc., the global leader in electronic hotel transaction processing, in the divestiture of its Financial Services business (“PFS”) to an affiliate of H.I.G. Capital, LLC (“H.I.G.”).  PFS is the world’s largest processor of commissions paid by hotels to travel agencies and offers commissions receipt and disbursement, foreign currency exchange, and reconciliation and tracking services to a large and diverse customer base of leading hotels and travel agencies through its global payment network.  H.I.G. is a leading global private equity investment firm with more than $12 billion of equity capital under management.

*Sagent Advisors is a legacy firm of DC Advisory US. Find out more >

Deal Team

Matthew Epstein

Managing Director
United States