H.I.G. Capital Affiliate Completes Acquisition of Quisitive Technology Solutions

Vista Equity Partners To Acquire Majority Stake in Quantios From Hg

August 2, 2026

Cloud & SaaS

Hg has agreed to sell its majority stake in Quantios, an SaaS platform for the global trust and corporate services industry, to Vista Equity Partners. The deal is expected to close in the third quarter of 2026 and was not disclosed in financial terms.

Quisitive Sells BankCard USA to BUSA Acquisition Co.

March 27, 2024

Payments & Fintech

Quisitive Technology Solutions has entered into an agreement to sell its BankCard USA Merchant Services business to BUSA Acquisition Co., a Nevada entity backed by a consortium of BankCard employees and third‑party investors, for US$40.0 million plus other consideration and settlement of prior earnout obligations. The transaction is a divestiture intended to simplify Quisitive into a pure‑play Microsoft Cloud and AI provider, reduce debt and improve its pro forma adjusted EBITDA; the acquiror secured senior secured financing from WhiteHorse Capital to fund the deal.

Quisitive Acquires Catapult Systems for US$51.5M

November 8, 2021

IT Services

Quisitive Technology Solutions, Inc. agreed to acquire Austin-based Catapult Systems, LLC for US$51.5 million in cash. The deal expands Quisitive's Microsoft-focused cloud and security capabilities, increases recurring revenue, and strengthens its presence in the U.S. market.

Quisitive Acquires BankCard USA

March 29, 2021

Payments & Fintech

Quisitive Technology Solutions Inc. entered into an agreement to acquire BankCard USA Merchant Services, Inc. for US$100 million in cash plus the issuance of 50,000,000 common shares and a potential earn-out of up to US$20 million. BankCard USA, based in Westlake Village, California, processes over US$3.0 billion in payments annually, reported LTM revenue of US$29 million and LTM adjusted EBITDA of US$11 million, and will be integrated into Quisitive's LedgerPay payments platform; the deal is expected to close in Q2 2021 subject to approvals.

Quisitive Acquires Mazik Global

March 22, 2021

Cloud & SaaS

Quisitive Technology Solutions Inc. acquired Mazik Global Inc., a Chicago-based Microsoft ISV that provides healthcare-focused cloud solutions including the MazikCare platform and VaccineFlow. The acquisition adds Mazik's IP, roughly 50 employees and a Chicago hub to Quisitive, expanding Quisitive's healthcare capabilities and U.S. footprint.

Quisitive Technology Solutions Acquires Corporate Renaissance Group

June 11, 2019

IT Services

Quisitive Technology Solutions, a Microsoft solutions provider, acquired all issued and outstanding shares of Corporate Renaissance Group (CRG), a Microsoft technology consulting and business software firm based in Ottawa, Ontario. The acquisition expands Quisitive's Dynamics 365 implementation and enterprise performance capabilities and broadens its geographic footprint across Canada, the United States and the Caribbean.