Revolutionizing Tech: $4B Merge Ushers in Pellera Technologies
In an exciting development within the tech world, H.I.G. Capital has completed the acquisition and merger of Converge Technology Solutions and Mainline Information Systems, creating a dynamic new entity: Pellera Technologies. This merger represents a powerful convergence of talents and resources, promising to redefine the technology solutions landscape.
A Strategic Combination
H.I.G. Capital facilitated this transformative merger, bringing together the strengths of Converge and Mainline to form Pellera Technologies. With a staggering $4 billion revenue generated in 2024, Pellera is now a formidable force in the industry. This strategic move is aimed at enhancing technology delivery in key growth areas such as cybersecurity, cloud services, digital infrastructure, and artificial intelligence.
Leadership and Vision
Located in Tallahassee, Florida, Pellera Technologies is led by an experienced team boasting over a century of combined expertise in IT. Greg Berard, the former CEO of Converge, now serves as Pellera’s CEO. Together with Jeff Dobbelaere, who takes on the role of President and COO, they guide Pellera towards achieving groundbreaking success in the tech industry.
Driving Innovation and Growth
Pellera aims to innovate by merging Converge’s bold vision with Mainline’s trusted partnerships. Backed by H.I.G. Capital’s robust $69 billion investment portfolio, Pellera is set to accelerate growth in strategic tech areas. The collaboration promises enhanced service offerings, bringing creative solutions and unlocking broader opportunities for clients and employees alike.
A Focus on Cutting-edge Solutions
With an eye on the future, Pellera is dedicated to providing comprehensive IT solutions that prioritize cybersecurity, AI, and hybrid cloud applications. Guided by its AIM (Advise, Implement, Manage) methodology, Pellera aims to revolutionize how businesses harness technology to overcome challenges and drive success.
The Future of Tech Begins Here
As the tech world evolves, Pellera Technologies stands at the forefront, sculpting the future with its innovative approach. This merger is not just a union of companies, but a step towards transforming how IT solutions are conceived and delivered. According to Stock Titan, Pellera is poised to seize emerging opportunities and lead the charge in the tech revolution.
H.I.G. Capital’s strategic guidance ensures that Pellera Technologies will continue to expand its leadership in the IT market, setting new benchmarks in technology solutions and services.
