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.
![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) 1 1738930529 i10](https://i0.wp.com/thelegendofhanuman.in/wp-content/uploads/2025/02/1738930529_i10.jpg?fit=124%2C83&ssl=1)