HIG to Merge Converge With US Peer in $908 Million Deal
HIG Capital LLC will buy Converge Technology Solutions Corp. in a C$1.3 billion ($908 million) deal that will combine the IT and cloud computing company with a US rival.
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H.I.G. expands IT holdings with $910m add-on acquisition
H.I.G. Capital is acquiring Converge Technology Solutions for C$1.3 billion ($910 million) to merge it with portfolio company ...
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HIG Capital to take Converge Technology Solutions private at $909m EV
Converge will join HIG-owned Mainline as part of the deal Mainline is a diversified IT services provider The transaction is expected to be completed during Q2 2025 HIG Capital has agreed to acquire ...
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Converge Technology Solutions to be Acquired by H.I.G. Capital
Converge and Mainline offer complementary products ... For more information, please refer to the H.I.G. website at hig.com. *Based on total capital commitments managed by H.I.G. Capital and ...
Converge Technology Solutions to be Acquired by H.I.G. Capital
Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce it has entered into an arrangement agreement (the "Arrangement Agreement") ...
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Converge Technology Solutions To Be Acquired By H.I.G. Capital
Converge and Mainline offer complementary products ... EBITDA[1] for the fourth quarter of 2024 are expected to be at the high end of our previously provided range of gross profit of $165 ...
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Converge Technology Solutions to be Acquired by H.I.G. Capital
Key Highlights: H.I.G. Capital to acquire Converge in an all-cash transaction, providing immediate liquidity to shareholders while establishing a strategic ...