H.I.G. Capital completed the acquisition of 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. "We are excited to integrate two trusted and complementary IT solutions partners to boost service offerings and accelerate growth in complex and strategic IT areas. The combined business offers enhanced IT solutions and services that will enable customers to continue reaching the next level. As part of the H.I.G. portfolio, Pellera is well-positioned to capitalize on emerging technology trends and expand its leadership within the IT market," Aaron Tolson, H.I.G. Managing Director.