Converge Technology Solutions Gets Shareholder Approval for Acquisition by H.I.G. Capital

April 10, 2025 - 19:32

Converge Technology Solutions Corp. has announced that its shareholders have overwhelmingly approved the acquisition by H.I.G. Capital. This significant decision marks a pivotal moment for the company, which has been focused on expanding its capabilities and market presence. The approval comes after a thorough review process and reflects the shareholders' confidence in the strategic direction of the company under new ownership.

The acquisition is expected to enhance Converge's growth trajectory and provide additional resources to further develop its innovative technology solutions. With H.I.G. Capital's backing, Converge aims to leverage new opportunities in the technology sector, positioning itself for long-term success.

The transaction is anticipated to close in the coming weeks, subject to customary closing conditions. Converge's leadership expressed gratitude to its shareholders for their support and looks forward to embarking on this new chapter. The company remains committed to delivering exceptional value to its clients and stakeholders as it transitions into this new phase of development.