Converge Technology Solutions (OTC:CTSDF) has agreed to be acquired by an affiliate of H.I.G. Capital for C$5.50 per share in cash, valuing the company at C$1.3 billion (~$909 million).

Converge shareholders to receive C$5.50 per share in cash. Converge will delist post-H.I.G. Capital acquisition and merge with Mainline, expanding in cybersecurity, cloud, and digital infrastructure.

Thorsten Schmidt, CEO of the HELLER Group. H.I.G. will leverage its extensive manufacturing sector expertise, global network, and capital resources to assist the company to successfully execute on ...

H.I.G. Capital, an American alternative investment management company, has completed the acquisition of Health-E Commerce (HEC). This is reported in a press release by H.I.G. H.I.G. plans to invest in ...

HAMBURG, Germany, Feb. 4, 2025 /CNW/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $67 billion of capital under management, is pleased to announce that an ...

H.I.G. Capital entered a deal to take Converge Technology Solutions private for about C$1.3 billion ($910 million). Following the acquisition, Converge will merge with H.I.G. portfolio company ...

"Converge is proud to begin a new chapter alongside H.I.G. Capital," stated Greg Berard, Chief Executive Officer of Converge. "This partnership not only ensures meaningful value for our ...