LOC International partners with Desjardins Capital Management Inc.

LOC offers products to the hotel industry that improve the guest experience. This strategic partnership aims to enable the Quebec-based company to strengthen its position in the North American market and help solve labour shortages.

LOC International serves independent hotels and hotel chains mostly in North America and Europe by providing them with electronics, appliances and digital solutions for virtual events and cashless tipping, and more.

"Not only are hotels running short on time and staff, but they're also being held to increasingly higher standards in terms of guest experience. Our products and innovative solutions can help the hotel industry become more modern to ensure enjoyable, quality stays for guests. We're very happy to be able to count on Desjardins Capital's support and expertise to help us pursue our company's mission," says Vincent Beaudet, president and CEO of LOC International.

This partnership will also help create new divisions and support the growth of LOC International, LOC Medical and the Teknotip tipping solution.

One-stop shop for hospitality supplies

LOC International distributes and incorporates solutions by some of the biggest manufacturers, such as Philips, Samsung, LG, Danby, Onity and MIWA—all companies approved by major hotel chains and purchasing groups. LOC also offers four of its own private-label brands that draw on decades of close collaboration with hospitality industry professionals: LOC KeyCards, LOC Frost, LOC Safes and LOC Sanitizer.

With thousands of clients across North America and in the Caribbean, LOC International is a one-stop shop for a range of hotel supplies. Its vast array of products includes key cards, alarm clocks, wireless chargers, electronic safes, phones, mini-bars and fridges, TVs, RFID smart locks, PTAC air conditioning units and more.