HIG Capital, a global alternative investment firm with $59bn of capital under management, has completed the acquisition of IT solutions provider Mainline Information Systems (Mainline) which will continue to be led by its existing management team headed by CEO Jeff Dobbelaere.
With revenues in excess of $1bn, Mainline is a leading, diversified IT solutions provider serving the infrastructure needs of blue-chip enterprises. Founded in 1989, the company designs and implements custom IT solutions for enterprises and provides associated professional and managed services.
HIG was advised by Guggenheim Securities LLC, UBS, and Latham & Watkins LLP. The Company was advised by Highlander Advisors and King & Spalding.