H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"

TORONTO, ON and GATINEAU, QC, April 22, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge") (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the successful completion of the previously announced acquisition of all of its issued and outstanding common shares…

H.I.G. Capital Completes Merger of Converge Technology Solutions and Mainline Information Systems to Form "Pellera Technologies"

SAN FRANCISCO, April 22, 2025 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $69 billion of capital under management, is pleased to announce that one of its affiliates has completed the acquisition of Converge Technology Solutions…

Herculite Products Inc. Announces The Acquisition Of Strata Film Coatings

EMIGSVILLE, Pa. — April 22, 2025 — Herculite Products Inc., an innovator in high-performance technical textile composites, is pleased to announce the acquisition of Strata Film Coatings, a renowned manufacturer of advanced film coating solutions. This strategic acquisition marks a significant milestone in Herculite’s ongoing commitment to expand its product offerings and enhance its market presence. Peter McKernan, Sr., CEO of Herculite Products…

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies” - CanadianSME Small Business Magazine

Converge Technology Solutions Corp. (“Converge”) (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the successful completion of the previously announced acquisition of all of its issued and outstanding common shares by an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $69 billion of capital under management. In connection with the closing, Converge will merge with Mainline Information Systems, L…

Pellera Technologies Emerges From Converge and Mainline Merger

H.I.G. Capital has successfully merged Converge Technology Solutions and Mainline Information Systems to create Pellera Technologies, a new powerhouse in the IT solutions sector. This strategic move aims to enhance service offerings and accelerate growth in key technology areas, including cybersecurity and artificial intelligence. Key Takeaways Formation of Pellera Technologies: The merger combines the strengths of Converge and Mainline, rebran…

H.I.G. Capital Completes Acquisition of Converge Technology Solutions and Merger of Converge Technology Solutions and Mainline Information Systems to Form “Pellera Technologies”

APRIL 22, 2025 – TORONTO, ONTARIO, CANADA and GATINEAU, QUÉBEC, CANADA – –  Converge Technology Solutions Corp. (“Converge”) (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) is pleased to announce the successful completion of the previously announced acquisition of all of its issued and outstanding common shares by an affiliate of H.I.G. Capital (“H.I.G.”), a leading global alternative investment firm with $69 billion of capital under management. In connectio…