H.I.G. Capital to acquire Converge Technology Solutions Corp. in a $1.3 billion deal
Acquiring Company
H.I.G. Infrastructure
Acquired Company
Converge Technology Solutions
Description
H.I.G. Capital has entered into an arrangement agreement to acquire Converge Technology Solutions Corp. for a cash purchase price of $5.50 per common share, valuing Converge at approximately $1.3 billion. After the transaction, Converge will join H.I.G.'s entity, Mainline Information Systems, LLC, to expand their range of technology solutions and services in domains such as cybersecurity, hybrid cloud, and digital infrastructure.
Quick answer
H.I.G. Infrastructure is acquiring Converge Technology Solutions for $1.3 billion, announced February 11, 2025. H.I.G. Infrastructure is based in Miami, Florida, United States.
- How much did H.I.G. Infrastructure pay for Converge Technology Solutions?
- The reported deal value is $1.3 billion.
- What does H.I.G. Infrastructure do?
- H.I.G. Infrastructure is a leading global alternative investment firm with $65 billion of capital under management, specializing in providing both debt and equity capital to small and mid-sized companies.
- Where are H.I.G. Infrastructure and Converge Technology Solutions based?
- H.I.G. Infrastructure is based in Miami, Florida, United States.
- Who are the decision-makers at H.I.G. Infrastructure?
- Fundz holds 4 contacts at H.I.G. Infrastructure. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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Who to call at H.I.G. Infrastructure, and when
When H.I.G. Infrastructure changes hands, the new owners review vendors, systems and leadership. That is when the door opens.
- An alert the day H.I.G. Infrastructure raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at H.I.G. Infrastructure, from your own LinkedIn network
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Frequently asked
Who acquired Converge Technology Solutions?
Converge Technology Solutions was acquired by H.I.G. Infrastructure, based in Miami. The deal was reported on February 11, 2025. H.I.G. Infrastructure is a leading global alternative investment firm with $65 billion of capital under management, specializing in providing both debt and equity capital to small and mid-sized companies. H.I.G. Infrastructure is privately held and operates in Venture Capital.
When did H.I.G. Infrastructure acquire Converge Technology Solutions?
H.I.G. Infrastructure's acquisition of Converge Technology Solutions was reported on February 11, 2025. H.I.G. Capital has entered into an arrangement agreement to acquire Converge Technology Solutions Corp. for a cash purchase price of $5.50 per common share, valuing Converge at approximately $1.3 billion. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Converge Technology Solutions do?
Converge Technology Solutions Corp. is a software-enabled IT & Cloud Solutions provider focused on delivering industry-leading solutions and services. It is privately held, operating in Information Technology.
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