H.I.G. Capital Acquires Converge Technology Solutions and Merges It with Mainline to Form Pellera Technologies
April 22, 2025
An affiliate of H.I.G. Capital has completed the acquisition of Converge Technology Solutions Corp. and merged Converge with H.I.G. portfolio company Mainline Information Systems to form Pellera Technologies. The combined, Tallahassee-headquartered business — led by CEO Greg Berard and President/COO Jeff Dobbelaere — will focus on scaling IT services across cybersecurity, cloud, digital infrastructure and AI, and generated approximately $4 billion in pro forma 2024 revenue.
- Buyers
- H.I.G. Capital
- Targets
- Converge Technology Solutions Corp.
- Sellers
- Public shareholders of Converge Technology Solutions
- Platforms
- Mainline Information Systems
- Industry
- IT Services
- Location
- Quebec, Canada
- Transaction Type
- Addon
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