Leonard Green and Harvest Partners completed the acquisition of a minority stake in Convergint Technologies from Ares Management.

Private equity firms Leonard Green & Partners and Harvest Partners completed the acquisition of a minority stake in Convergint Technologies, an IT services management company, from Ares Management, a private equity firm. Financial terms were not disclosed. “We are pleased that LGP and Harvest are joining Ares as financial partners in Convergint. This transaction underscores the strength of the Company, its management team and its growth strategy. We are proud that Convergint has been a meaningful champion for positive change by fostering a diverse, inclusive and socially responsible culture, which has benefited the business as a whole in addition to its colleagues, communities and stakeholders,” Matt Cwiertnia, Ares Partner and Co-Head.