Light Beam Capital Invests in DCI Design Communications, Onboards CEO
NEW YORK, Oct. 2, 2014 /PRNewswire/ — DCI Design Communications LLC, the “Technology Concierge” for top hotel brands and management companies, has received a growth equity investment from Light Beam Capital. Through this deal, DCI recruits Charbel Zreik to lead the company’s expansion as its new Chief Executive Officer.
“I’m very excited about this partnership as it will allow DCI to reach its full growth potential. We’re delighted to have Charbel join our team, as he brings to DCI unrivaled management expertise which will be the perfect complement to our strong technology and customer service strengths”, commented Samuel Mohabir, DCI’s Executive Vice President. Before taking on his new role as the CEO of DCI, Charbel delivered results and drove growth in various management positions in both large corporate settings as well as small company environments, including McKinsey and Company, Osage Partners and various others. He holds a BS fromCornell University and an MBA degree from Wharton Business School.
“The company is a strong, one-stop shop IT services provider in a constantly evolving technology environment. I am thrilled to join such a strong team and company that is best in class in providing IT solutions to luxury and high end hotels,” said Charbel Zreik.
Founded in 1989 and with over 25 years of sustained success in the Hospitality IT industry, DCI has a strong reputation as the premier national provider of IT services to high end hotels. DCI is consistently rated as a top technology solutions provider of integrated IT and telecommunications, data networking, IP convergence, HSIA, and hosted VOIP services.
DCI serves many of the world’s most recognizable flags and management companies including InterContinental Hotels, Starwood Hotels & Resorts, Four Seasons Hotel, Marriott International, Choice Hotels International, Kimpton Hotels, Hilton Hotels, Rosewood Hotels, Hyatt Hotels & Resorts, Morgans Hotel Group, White Lodging, and Langham Hotels, as well as many more
Joining DCI’s Board of Directors are Brandon Cope of Peterson Partners (lead investor) and Rich Kelley of Search Fund Partners.
About DCI Design Communications LLC
DCI is a national managed service provider of IT solutions for the hospitality industry and is one of the largest independent distributors of MITEL®, NEC, Ruckus™ Wireless, HP® ProCurve, Nomadix® & Exinda in the country. DCI supports many of the world’s top resorts, both select-service and full-service. The group is headquartered in Syosset, New York. For more information, visit www.dci-design.com
About Light Beam Capital
Based in Sleepy Hollow, New York, Light Beam Capital is a growth-oriented investment company that acquires and operates businesses. Light Beam Capital has a mix of investors and operators, who have brought top-tier excellence into the middle market. The fund is led by Charbel Zreik, and Brent Zettel, VP, led diligence on the transaction. For more information, visit www.lightbeamcapital.com
About Peterson Private Equity
Peterson Private Equity, located in Salt Lake City Utah, is a middle market investor that is growth oriented, flexible, and has a long-term mindset. Peterson has made investments across the United States, Canada, and Brazil, in over 150 companies. For more information, visit www.petersonpartners.com.