HIG Capital-backed Trace3 completed the acquisition of Groupware Technology.

HIG Capital-backed Trace3, a provider of advanced technology consultation services and solutions, completed the acquisition of Groupware Technology, a data center infrastructure and cloud computing solutions company. Financial terms were not disclosed. “Both organizations strongly believe that our product is our people and have invested heavily in elite engineering teams. Now, together, we will offer clients in Silicon Valley and the greater northern California region the absolute best technical consulting and services capabilities available,” Rich Fennessy, Trace3 CEO.