H.I.G. Capital to acquire Converge Technology Solutions for $909m.

H.I.G. Capital, a global alternative investment firm, agreed to acquire Converge Technology Solutions, a services-led, software-enabled, IT & cloud solutions provider, for $909m. "Converge stands out as an organization that understands where technology trends are going in the IT market and has aligned its business accordingly, and it has a proven reputation as a trusted advisor to its customers. We are excited to combine Converge with H.I.G.-owned Mainline, a company that has advised IT decision-makers in handling their most mission-critical workloads for decades. The combined company will bring a breadth and depth of technology and services capabilities to its customers and OEM partners that is differentiated in the areas of core data center infrastructure, networking, security, and hybrid cloud," Aaron Tolson, H.I.G. Capital Managing Director.