HIG Capital plans to buy Toronto-based IT solution provider Converge Technology for $908M and merge it with Mainline Information; the deal closes in Q2, 2025 (Charles Capel/Bloomberg) - The Legend of Hanuman

HIG Capital plans to buy Toronto-based IT solution provider Converge Technology for $908M and merge it with Mainline Information; the deal closes in Q2, 2025 (Charles Capel/Bloomberg)




Charles Capel / Bloomberg:

HIG Capital plans to buy Toronto-based IT solution provider Converge Technology for $908M and merge it with Mainline Information; the deal closes in Q2, 2025  —  Converge will merge with Tallahassee, Florida-based Mainline Information Systems LLC, which is also owned by HIG, the companies said in a statement on Friday.




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