H.I.G. Capital Completes Acquisition of Quisitive

Whats Happening:

H.I.G. Capital, a global alternative investment firm with $67 billion in capital under management, has completed the acquisition of Quisitive Technology Solutions Inc., a Microsoft Cloud and AI solutions provider. Quisitive's management team, led by CEO Mike Reinhart, will continue to lead the company. This acquisition marks a strategic move for H.I.G. to expand its portfolio in the technology services sector.

Key Moves:

• H.I.G. Capital acquires Quisitive Technology Solutions Inc.

• Quisitive's management team, led by CEO Mike Reinhart, to continue leading the company

• Acquisition expands H.I.G.'s portfolio in the Microsoft Cloud and AI solutions sector

By The Numbers:

• H.I.G. Capital manages $67 billion in capital

• Quisitive has nearly 500 employees globally

• H.I.G. has invested in and managed more than 400 companies worldwide

Key Quotes:

• "This partnership with H.I.G. is an acknowledgement of the trusted and cutting-edge advisory and support services our employees provide to clients as they navigate critical technology evolution," said Mike Reinhart, CEO of Quisitive.

• "We gained a real appreciation for Quisitive's differentiation in its scale and depth of technical offerings across the Microsoft Cloud ecosystem," commented Kevin Van Culin, Managing Director at H.I.G.

Bottom Line:

H.I.G. Capital's acquisition of Quisitive Technology Solutions strengthens its position in the technology services sector, particularly in Microsoft Cloud and AI solutions. This move aligns with H.I.G.'s strategy of investing in companies with strong growth potential and industry expertise, while also expanding its portfolio in the rapidly evolving tech landscape.

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