Managed Services

H.I.G. Capital Acquires IT Solutions Provider Mainline Information Systems

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H.I.G. Capital, a global alternative investment firm, has finalized its acquisition of Mainline Information Systems, an IT solutions provider. Financial terms of the deal were not disclosed.

This is technology M&A deal number 323 that ChannelE2E and MSSP Alert have covered so far in 2023. See more than 2,000 technology M&A deals for 2023, 2022, 2021, and 2020 listed here.

H.I.G. Capital, founded in 1993, is based in Miami, Florida. The firm has 1,226 employees listed on LinkedIn. H.I.G. Capital's focus includes private equity, growth equity, debt/credit, and real estate and public equities.

Mainline Information Systems, established in 1989, is headquartered in Tallahassee, Florida. The company has 536 employees listed on LinkedIn. Mainline specializes in Comprehensive Infrastructure Solutions, Cloud and Hybrid-Cloud, Hyperconverged, Security, Governance and Risk, Business Analytics, Machine Learning, Storage and Data, Data Center Optimization, Software Asset Management, Networking, End User Computing including Mobile, IoT & UX, Professional IT Staffing, Managed Services, and Infrastructure Services.

Mainline Information Systems’ revenues exceed $1 billion. CEO Jeff Dobbelaere will maintain his leadership role at Mainline post-acquisition, the firm said.

HIG Acquires Mainline: Further Information

Jeff Dobbelaere, CEO, Mainline, commented: 

"Over the past 30 years, Mainline has developed relationships by providing complex and critical infrastructure solutions. We are positioned to continue driving business outcomes as technology evolves. Partnering with H.I.G. opens opportunities for further growth."

Aaron Tolson, managing director, H.I.G., said: 

"Mainline's technical expertise and its role as a trusted advisor are impressive. We are excited to support the company's growth through organic initiatives and acquisitions."

Advisory roles in the transaction were held by Guggenheim Securities LLC, UBS, and Latham & Watkins LLP for H.I.G., and Highlander Advisors and King & Spalding for Mainline.