Nashville-based Uniguest acquires Eversound, a specialist in creation and delivery of interactive content for seniors and communities
NASHVILLE, Tenn., May 8, 2023 – Uniguest, a global leader in digital engagement technology to multiple end markets, has announced the acquisition of Eversound, a technology and content provider specializing in creating engagement for senior living communities to improve quality of life for residents.
Founded in 2015 out of Cornell University’s eLab business accelerator, Boston, MA-based Eversound now helps tens of thousands of older adults in over 1,000 communities live more socially connected lives. Eversound technology is known to reduce social isolation, slow cognitive decline, and break-down barriers common in a senior living environment.
Eversound’s membership program provides advanced wireless headphones to increase accessibility for residents of varying levels of hearing loss, and access to a curated library of interactive content programs designed for seniors. The wireless headphone technology connects to the community’s Audio Visual (AV) system and enables residents to experience immersive programming on a day-to-day basis throughout the community.
Uniguest Chief Executive Officer Matt Goche is looking forward to welcoming Eversound’s team and customers into the Uniguest family, “The senior living industry has unique technology and digital engagement needs. We work to meet those needs through our Touchtown and Sagely products, and we view the Eversound addition as the next evolution of providing the best tech to keep the senior community active and engaged.”
Jake Reisch, Chief Executive Officer, and co-founder at Eversound, added, “We have worked with Uniguest through its Touchtown solution and have seen firsthand that they share our vision of delivering a more engaging senior living experience. In addition to supporting the continued development of our products, Uniguest will provide enhanced services allowing us to impact even more residents than we do today. We are thrilled to be joining the Uniguest team.”
Uniguest is a portfolio company of Atlantic Street Capital and adding Eversound to the Uniguest organization marks its second acquisition of 2023, following on from Bunch Enterprise earlier this month; MediaStar Systems, Otrum AS, and the hospitality division of CPI Global in 2022; plus, JANUS Displays, Sagely, UCView, Volara, and Planet eStream in 2021.
Uniguest’s senior living team will join Eversound at the Senior Living Executive Conference 2023, New Orleans, from the 8th to 10th May on booth 3121.
Uniguest is a global leader in providing connected technology solutions to enable those in hospitality, senior living, sports/stadiums, entertainment, retail, education, government, corporate, and enterprise to engage with their audience. Uniguest is highly focused on creating deep client relationships as shown by its most recent NPS (Net Promoter Score) score of 81. Uniguest supplies turnkey technology solutions that include hardware and software solution packages, professional services, system implementation, and 24/7/365 multi-lingual support. www.uniguest.com
Eversound helps senior living communities improve social connection through advanced listening technology and a curated library of interactive content. Data suggests over 65% of senior living residents live with untreated hearing loss, resulting in social isolation and cognitive decline. Eversound breaks down communication barriers with its proprietary hearing solutions and creates moments of meaningful connection with its research-backed therapeutic content from all over the world. www.eversoundhq.com.
About Atlantic Street Capital
ASC is a private equity firm that invests in lower middle market companies poised for the next level of growth. The firm targets entrepreneurial management partners and fundamentally sound companies between $4 million and $25 million of EBITDA that will benefit from capital investment and ASC’s value-added strategic and operational support. As a result, ASC works closely with management to unlock their business’ underlying value and help them succeed. For more information, visit www.atlanticstreetcapital.com.