Private equity firm ClearPoint Investment Partners has announced its strategic investment in Accommodations Plus International (“API”), in partnership with API´s founders and management team, the company said.
The additional strategic and capital resources will enable API to expand its technology suite of products and services, enter new markets, and execute its strategic priorities, while continuing to deliver the highest of customer service to its crew members, distressed passengers, and hotel partners.
Accommodations Plus International is the leading provider of crew accommodations and logistics services to airline industry and other commercial travel clients. API offers an innovative and powerful combination of crew accommodation services delivered through a state-of-the-art technology platform, unique software solutions, and a highly experienced team of service professionals.
ClearPoint Investment Partners invests in business services and financial technology companies in the lower middle-market. The firm targets businesses at key inflection points, where its extensive operating approach, deep industry expertise, and tailored strategic resources can accelerate growth and materially enhance company value.