The Halifax Group to acquire a majority stake in Milestone Technologies from H.I.G. Capital.

The Halifax Group, a private investment firm, agreed to acquire a majority stake in Milestone Technologies, a global IT services firm, from H.I.G. Capital, a private equity and alternative assets investment firm. Two Sigma Impact, a private equity firm, made a minority investment as well. Financial terms were not disclosed. "H.I.G. has been an outstanding partner, providing valuable operational and financial guidance, and they have played a significant role in our success. Halifax’s investment is a strong endorsement of our highly talented team, and we are very excited for our next phase of growth,” Sameer Kishore, Milestone President and CEO.