PR Newswire
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.
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