HIG Middle Market is to acquire HelpSystems from current investor Summit Partners. The completion of the transaction is subject to regulatory and anti-trust approval.
Headquartered in Eden Prairie, MN, HelpSystems is a leading provider of system & network management, business intelligence, and security & compliance solutions. With over 9,000 customers across a broad range of industries, HelpSystems is the market leader within system & network management for the IBM-i operating system and is rapidly expanding its presence on the Windows, Linux, and Unix platforms.
Fraser Preston (pictured), Managing Director at HIG, says: “We are excited to partner with Chris Heim, Dan Mayleben, and the entire HelpSystems team to continue the Company’s strong growth. We look forward to working together with the management team to expand HelpSystems’ suite of products and to continue to provide best-in-class service to HelpSystems’ customers.”
“We are thrilled to work with HIG,” says Chris Heim, CEO of HelpSystems. “We share core philosophies of taking exceptional care of customers and employees and together we’ll continue on the mission of delivering software that makes IT lives easier and solves real problems.”
