TORONTO und GATINEAU, QC, 23. April 2025 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge") (TSX:CTS) (FSE:0ZB) (OTCQX: CTSDF) freut sich, den erfolgreichen Abschluss der zuvor angekündigten Übernahme aller ausgegebenen und im Umlauf befindenden Stammaktien durch eine Tochtergesellschaft von H.I.G. Capital („H.I.G."), einer weltweit führenden alternativen Investmentgesellschaft mit einem verwalteten Kapital von 69 Milliarden US-Dollar, bekannt zu geben. In Verbindung mit dem Abschluss wird Converge mit Mainline Information Systems, LLC („Mainline"), einem bestehenden H.I.G.-Portfoliounternehmen, fusionieren. Das fusionierte Unternehmen wurde in Pellera Technologies („Pellera") umbenannt, um seine unverwechselbare Position auf dem Markt als führender Technologiepartner darzustellen.
TORONTO, ON and GATINEAU, QC, April 22, 2025 /CNW/ - 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, LLC ("Mainline"), an existing H.I.G. portfolio company. The combined company has been rebranded as Pellera Technologies ("Pellera"), representing its distinctive position in the market as a premier technology partner.
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 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, LLC ("Mainline"), an existing H.I.G. portfolio company. The combined company has been rebranded as Pellera Technologies ("Pellera"), representing its distinctive position in the market as a premier technology partner.
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 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, LLC ("Mainline"), an existing H.I.G. portfolio company. The combined company has been rebranded as Pellera Technologies ("Pellera"), representing its distinctive position in the market as a premier technology partner.
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 Corp. ("Converge") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF). In connection with the closing, Converge will merge with Mainline Information Systems, LLC ("Mainline"), an existing H.I.G. portfolio company. The combined company has been rebranded as Pellera Technologies ("Pellera"), representing its distinctive position in the market as a premier technology partner.
SAN FRANCISCO, April 22, 2025 /CNW/ -- 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 Corp. ("Converge") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF). In connection with the closing, Converge will merge with Mainline Information Systems, LLC ("Mainline"), an existing H.I.G. portfolio company. The combined company has been rebranded as Pellera Technologies ("Pellera"), representing its distinctive position in the market as a premier technology partner.
TORONTO und GATINEAU, QC, 17. April 2025 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge" oder das „Unternehmen") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) hat heute bekannt gegeben, dass das Oberste Gericht von Ontario (Handelsgericht) eine endgültige Verfügung erlassen hat, mit der die zuvor angekündigte geplante Vereinbarung (die „Vereinbarung") genehmigt wird, die das Unternehmen und 16728421 Canada Inc. (der „Käufer"), eine Tochtergesellschaft von H.I.G. Capital („H.I.G.") umfasst. Gemäß diesem Plan wird der Käufer alle ausgegebenen und ausstehenden Stammaktien des Kapitals von Converge (die „Aktien") erwerben, mit Ausnahme bestimmter Aktien, die von bestimmten Aktionären gehalten werden, die Rollover-Aktienvereinbarungen abgeschlossen haben.
TORONTO and GATINEAU, QC, April 17, 2025 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced today that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement (the "Arrangement") involving the Company and 16728421 Canada Inc. (the "Purchaser"), an affiliate of H.I.G. Capital ("H.I.G.") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares in the capital of Converge (the "Shares"), other than certain Shares held by certain shareholders who entered into rollover equity agreements.
TORONTO and GATINEAU, QC, April 16, 2025 /CNW/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced today that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement (the "Arrangement") involving the Company and 16728421 Canada Inc. (the "Purchaser"), an affiliate of H.I.G. Capital ("H.I.G.") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares in the capital of Converge (the "Shares"), other than certain Shares held by certain shareholders who entered into rollover equity agreements.
TORONTO and GATINEAU, QC, April 16, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) announced today that the Ontario Superior Court of Justice (Commercial List) has issued a final order approving the previously announced plan of arrangement (the "Arrangement") involving the Company and 16728421 Canada Inc. (the "Purchaser"), an affiliate of H.I.G. Capital ("H.I.G.") pursuant to which the Purchaser will acquire all of the issued and outstanding common shares in the capital of Converge (the "Shares"), other than certain Shares held by certain shareholders who entered into rollover equity agreements.
TORONTO and GATINEAU, QC, April 15, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce Data & AI Design Studio, a comprehensive program designed to guide businesses at every stage of their artificial intelligence (AI) journey. Companies are prioritizing AI investment as a critical driver for innovation across industries but have faced roadblocks in turning investment into action and creating measurable impact and value from AI. Converge's Data & AI Design Studio will bridge this gap for IT teams by providing a holistic framework that ensures AI initiatives are impactful, cost-effective, and aligned with business goals.
TORONTO and GATINEAU, QC, April 15, 2025 /CNW/ - Converge Technology Solutions Corp. ("Converge" or "the Company") (TSX: CTS) is pleased to announce Data & AI Design Studio, a comprehensive program designed to guide businesses at every stage of their artificial intelligence (AI) journey. Companies are prioritizing AI investment as a critical driver for innovation across industries but have faced roadblocks in turning investment into action and creating measurable impact and value from AI. Converge's Data & AI Design Studio will bridge this gap for IT teams by providing a holistic framework that ensures AI initiatives are impactful, cost-effective, and aligned with business goals.
TORONTO und GATINEAU, QC, 13. April 2025 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge" oder das „Unternehmen") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) freut sich bekannt zu geben, dass die Inhaber (die „Aktionäre") der Stammaktien von Converge („Stammaktien") auf der heutigen außerordentlichen Aktionärsversammlung (die „Versammlung") den Sonderbeschluss zur Genehmigung der geplanten Übernahme von Converge durch eine Tochtergesellschaft von H.I.G. Capital („H.I.G.") gemäß einem Arrangement-Plan nach dem Canada Business Corporations Act (das „Arrangement").
TORONTO and GATINEAU, QC, April 10, 2025 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that at its special meeting of shareholders held today (the "Meeting"), holders (the "Shareholders") of Converge's common shares ("Common Shares") approved the special resolution authorizing the proposed acquisition of Converge by an affiliate of H.I.G. Capital ("H.I.G."), pursuant to a plan of arrangement under the Canada Business Corporations Act (the "Arrangement").
TORONTO and GATINEAU, QC, April 10, 2025 /CNW/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that at its special meeting of shareholders held today (the "Meeting"), holders (the "Shareholders") of Converge's common shares ("Common Shares") approved the special resolution authorizing the proposed acquisition of Converge by an affiliate of H.I.G. Capital ("H.I.G."), pursuant to a plan of arrangement under the Canada Business Corporations Act (the "Arrangement").
TORONTO and GATINEAU, QC, April 10, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) is pleased to announce that at its special meeting of shareholders held today (the "Meeting"), holders (the "Shareholders") of Converge's common shares ("Common Shares") approved the special resolution authorizing the proposed acquisition of Converge by an affiliate of H.I.G. Capital ("H.I.G."), pursuant to a plan of arrangement under the Canada Business Corporations Act (the "Arrangement").
TORONTO und GATINEAU, QC, 3. April 2025 /PRNewswire/ -- Converge Technology Solutions Corp. („Converge" oder das „Unternehmen") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) erinnert seine Aktionäre daran, ihr Stimmrecht vor Ablauf der Frist für die Stimmabgabe für die bevorstehende außerordentliche Aktionärsversammlung (die „Versammlung") auszuüben. Auf der Versammlung werden die Aktionäre von Converge gebeten, über einen Sonderbeschluss (der „Arrangement-Beschluss") abzustimmen, um den zuvor angekündigten gesetzlichen Arrangement-Plan in seiner geänderten Fassung gemäß dem Canada Business Corporations Act (das „Arrangement") zwischen Converge und einer Tochtergesellschaft von H.I.G. Capital („H.I.G.") zu genehmigen, gemäß dem H.I.G. alle ausgegebenen und ausstehenden Stammaktien (die „Stammaktien") des Unternehmens gegen eine Barzahlung von 6,00 CAD pro Stammaktie erwerben wird, mit Ausnahme bestimmter Stammaktien, die von bestimmten Aktionären gehalten werden, die Rollover-Equity-Vereinbarungen abgeschlossen haben.
TORONTO and GATINEAU, QC, April 3, 2025 /CNW/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) reminds its shareholders to vote ahead of the proxy voting deadline for the upcoming special meeting of shareholders (the "Meeting"). At the Meeting, Converge's shareholders will be asked to vote on a special resolution (the "Arrangement Resolution") to approve the previously announced statutory plan of arrangement, as amended, under the Canada Business Corporations Act (the "Arrangement") between Converge and an affiliate of H.I.G. Capital ("H.I.G."), pursuant to which, H.I.G. will acquire all of the issued and outstanding common shares (the "Common Shares") of the Company for cash consideration of C$6.00 per Common Share, other than certain Common Shares held by certain shareholders who entered into rollover equity agreements.
TORONTO and GATINEAU, QC, April 3, 2025 /PRNewswire/ -- Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) reminds its shareholders to vote ahead of the proxy voting deadline for the upcoming special meeting of shareholders (the "Meeting"). At the Meeting, Converge's shareholders will be asked to vote on a special resolution (the "Arrangement Resolution") to approve the previously announced statutory plan of arrangement, as amended, under the Canada Business Corporations Act (the "Arrangement") between Converge and an affiliate of H.I.G. Capital ("H.I.G."), pursuant to which, H.I.G. will acquire all of the issued and outstanding common shares (the "Common Shares") of the Company for cash consideration of C$6.00 per Common Share, other than certain Common Shares held by certain shareholders who entered into rollover equity agreements.
TORONTO and GATINEAU, QC, April 3, 2025 /PRNewswire/ - Converge Technology Solutions Corp. ("Converge" or the "Company") (TSX: CTS) (FSE: 0ZB) (OTCQX: CTSDF) reminds its shareholders to vote ahead of the proxy voting deadline for the upcoming special meeting of shareholders (the "Meeting"). At the Meeting, Converge's shareholders will be asked to vote on a special resolution (the "Arrangement Resolution") to approve the previously announced statutory plan of arrangement, as amended, under the Canada Business Corporations Act (the "Arrangement") between Converge and an affiliate of H.I.G. Capital ("H.I.G."), pursuant to which, H.I.G. will acquire all of the issued and outstanding common shares (the "Common Shares") of the Company for cash consideration of C$6.00 per Common Share, other than certain Common Shares held by certain shareholders who entered into rollover equity agreements.
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