Context

H.I.G. Capital has entered into a definitive arrangement agreement to acquire all outstanding common shares of Converge Technology Solutions. The strategic rationale for the transaction centers on the immediate merger of Converge with Mainline Information Systems, an existing H.I.G. portfolio company. This combination is designed to create a scaled, global IT solutions platform with enhanced capabilities in hybrid cloud, cybersecurity, and digital infrastructure. By joining these two complementary organizations, the resulting entity will possess the technical depth and global reach required to advise IT decision-makers on mission-critical workloads. The deal provides a significant premium to public shareholders while transitioning the company to private ownership to facilitate a long-term growth strategy. The merger is expected to strengthen relationships with global OEM partners and provide a broader suite of professional and managed services to a combined customer base across North America and Europe.

Target

Converge Technology Solutions Corp. is a services-led, software-enabled IT and cloud solutions provider. The business model is centered on a proprietary methodology (Advise, Implement, Manage) designed to address complex digital transformation challenges. The company specializes in the design and delivery of outcomes-driven solutions across advanced analytics, artificial intelligence, cloud platforms, cybersecurity, and digital infrastructure. By positioning itself as a strategic intermediary between global technology manufacturers and enterprise clients, the company serves as a high-value advisor for organizations seeking to streamline operations and modernize workplace environments through technical innovation. Founded in 2017, the organization focuses on a human-centered approach to IT, leveraging global resources and localized expertise to implement forward-thinking digital ecosystems for a diverse range of industries.