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HIG Capital plans to buy Toronto-based IT solution provider Converge Technology for $908M and merge it with Mainline Information; the deal closes in Q2, 2025 (Charles Capel/Bloomberg)

by Euro Times
February 7, 2025
in Technology
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Charles Capel / Bloomberg:

HIG Capital plans to purchase Toronto-based IT answer supplier Converge Expertise for $908M and merge it with Mainline Data; the deal closes in Q2, 2025  —  Converge will merge with Tallahassee, Florida-based Mainline Data Methods LLC, which can also be owned by HIG, the businesses mentioned in an announcement on Friday.





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Tags: 908MBuyCapelBloombergCapitalCharlesclosesConvergedealHIGInformationMainlineMergeplansprovidersolutiontechnologyTorontobased
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