HPGI Holdings

What HPGI Holdings does

HPGI Holdings, operating as HPG International (Hospitality Purchasing Group International), is a privately held professional services firm founded in 1988 that provides FF&E (Furniture, Fixtures & Equipment) and OS&E (Operating Supplies & Equipment) procurement services to luxury and upscale hotels, resorts, and casino properties worldwide. The company functions as an outsourced procurement department for hotel owners, developers, and operators, managing end-to-end purchasing workflows including global sourcing, vendor selection and negotiation, budget control, logistics and freight management, on-site project management, and financial close-out documentation. Named customers span the major global hotel families — Marriott International, Hilton, Starwood/Westin, Wynn Resorts, Ritz-Carlton, Peninsula, Mandarin Oriental, Fairmont, Hyatt, IHG, and Hard Rock — as well as integrated casino resorts such as Caesar's Palace and Harrah's.

The company's core technology layer consists of two proprietary web-based procurement platforms developed in 2000: Cariboo™, which provides 24/7 real-time project reporting (Project Summary, Detailed Budget, Invoice Report, Expediting Report), and Asiaboo™, a patented online procurement system with similar real-time reporting capabilities. These platforms serve as the operational backbone across HPGI's regional offices in Walnut Creek (US corporate), Atlanta, Manhattan Beach, Hong Kong (APAC regional HQ), Lima (Latin America), and Dubai (Middle East & Africa), supporting more than 3,000 completed projects since inception across the Americas, Asia, and EMEA.

Revenue is generated through professional services fees on a project basis, likely structured as a percentage of procurement value or fixed project fees, with services priced per quote given material variation in scope and complexity. The go-to-market is direct enterprise sales — relationship-based selling through dedicated project managers engaging hotel owners, developers, designers, and operators. HPGI completed a spin-off from GPGI in January 2026, establishing HPGI Holdings as a standalone entity consolidating financial results under GAAP.

Name

HPGI Holdings

Legal name

HPG International (Hospitality Purchasing Group International)

Website

https://hpginternational.com

Company type

Private

Founded year

1988

Operating status

Operating

Headcount range

101–250 employees

Short description

HPGI Holdings (HPG International) is a privately held hospitality procurement services firm, founded in 1988, providing FF&E and OS&E purchasing, global sourcing, and project management to luxury hotels, resorts, and casino operators worldwide via its proprietary Cariboo™ procurement platform.

Ownership category

akta.pro rank

Product category

Hospitality Procurement Services

NAICS

Management Consulting Services (54161)

SIC

Services-Facilities Support Management Services (8744), Services-Management Consulting Services (8742)

akta.pro primary industry

Spend Analytics & Reporting Support (BPAAAJAJ)

Keywords

• Hospitality procurement services
• FF&E purchasing
• OS&E purchasing
• Hotel equipment sourcing
• Hospitality project management

Headquarters

HQ city

Walnut Creek

HQ country

United States

HQ region

North America

Offices6 records

Markets served

GTM type

B2B

Offering type

Services

Cost components

Personnel, Operations, Supply Chain, Technology or R&D, Infrastructure, Marketing or Sales

Revenue model

1. Procurement Services Fees: Professional procurement services for FF&E (Furniture, Fixtures & Equipment) and OS&E (Operating Supplies & Equipment) for hospitality projects. Revenue generated through project-based consulting and procurement management services, likely fee-based or percentage of procurement value.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels1 record

Core offering

HPGI Holdings (via HPG International) provides professional FF&E (Furniture, Fixtures & Equipment) and OS&E (Operating Supplies & Equipment) procurement services for luxury and upscale hotel and resort projects worldwide. Engagements cover global sourcing, vendor negotiation, logistics coordination, on-site project management, and financial close-out documentation, supported by proprietary Cariboo™ and Asiaboo™ web-based procurement platforms that deliver real-time 24/7 project tracking and reporting.

Product overview

HPG International operates as a hospitality procurement services company offering a unified suite of FF&E (Furniture, Fixtures & Equipment) and OS&E (Operating Supplies & Equipment) purchasing services augmented by its proprietary Cariboo™ web-based procurement system. The company's core offering combines global sourcing capabilities with technology-driven project management, providing comprehensive procurement services from initial budgeting through final installation and close-out documentation. Cariboo™ serves as the central technology platform enabling real-time project monitoring, reporting, and coordination across the company's international operations spanning Asia, South America, North America, and Europe.

Differentiator

Problem solved

Functional benefit

Brands

• Cariboo: Web-based procurement system developed in 2000, providing real-time project reporting accessible to clients via the Internet
• Asiaboo

Products and services

• Cariboo™ Web-Based Procurement System Proprietary real-time, web-based procurement platform providing clients with 24/7 project reporting, purchase order tracking, invoice management, and expediting reports for hospitality FF&E and OS&E procurement projects.
• Asiaboo™ Online Procurement System Patented real-time online procurement system that lets hospitality clients extract project reports instantly, including budget details, invoice reports, and expediting reports.
• FF&E Purchasing Services

Named customers24 records

Segments1 record

Ideal customer profiles1 record

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Scale indicators4 records

Recent moves7 records

Expansion highlights5 records

Broad incumbents

• JAGGAER: JAGGAER provides end-to-end source-to-pay and supplier management software, including spend analytics. Comparable to HPGI on the procurement platform/spend analytics side, though JAGGAER is a SaaS incumbent addressing cross-vertical buyers rather than an executed FF&E services provider.
• Coupa Software: Coupa offers a business spend management platform covering procurement, invoicing, and expense management. Adjacent to HPGI's procurement and spend reporting workflows, but as a horizontal SaaS player rather than a hospitality-specialized procurement service.
• SAP Ariba: SAP Ariba is a global procurement, supplier management, and spend analytics platform. Comparable to HPGI on procurement workflow, vendor management, and reporting, but as a broad B2B platform incumbent rather than a specialized hospitality FF&E/OS&E executor.
• GEP Worldwide: GEP is a large procurement and supply-chain services + software firm operating across multiple verticals. Overlaps HPGI on managed procurement services, vendor management, and spend analytics, though at much broader scale and not hospitality-specialized.
• Zycus: Zycus delivers source-to-pay and procurement automation software with AI-driven sourcing. Overlaps the analytics and project-tracking functionality in Cariboo/Asiaboo, but as a general-purpose procurement software incumbent rather than an on-the-ground hospitality FF&E/OS&E procurement services firm.

Direct peers

• ProcureAbility: ProcureAbility is a procurement and supply chain consultancy serving hospitality, foodservice, and consumer brands. Comparable to HPGI in providing category expertise, sourcing strategy, and procurement project execution for hospitality-related clients.
• Avendra: Avendra was the largest dedicated hospitality procurement services company in North America (now under Aramark). Directly overlaps HPGI on FF&E/OS&E procurement, global sourcing, and multi-property hotel account management, making it the most analogous direct competitor.

Emerging players

• Keelvar: Keelvar provides AI-powered autonomous sourcing optimization for procurement teams. Partial overlap with HPGI's spend analytics and sourcing-tactical automation mission; an emerging SaaS player whose tools could be adopted by HPGI's hospitality clients over time.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat5 records

Key risks5 records

Key highlights7 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Profiles11 records

Subsidiaries2 records

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about HPGI Holdings