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)

4 hours ago 3

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.

1. Homepage
2. Technology
3. 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)