H.I.G. Capital has announced that its affiliates have completed the acquisition of Mainline Information Systems. The process saw H.I.G. receive advisory services from Guggenheim Securities LLC, UBS, and Latham & Watkins LLP, while Mainline Information Systems sought advice from Highlander Advisors and King & Spalding.
Following the acquisition, Mainline Information Systems will continue to operate under the leadership of CEO Jeff Dobbelaere and the current management team. The company is a leading IT solutions provider based in Tallahassee, FL, with revenues exceeding $1 billion. Mainline specializes in customizing IT solutions for enterprises and providing associated professional and managed services, according to a press release by H.I.G. Capital.
Dobbelaere stated: "Over the past 30 years, Mainline has developed strong and enduring relationships by providing our customers with some of their most complex and mission critical infrastructure solutions. Mainline has become a clear industry leader and is incredibly well positioned to continue to drive business outcomes for our clients as the technology landscape evolves," according to a press release by H.I.G. Capital. He added: "I am very excited to partner with H.I.G. and look forward to investing in the significant growth opportunities which can take the company to new heights."
Aaron Tolson, Managing Director at H.I.G., commented on the acquisition: "Mainline’s technical expertise, its status as a trusted advisor for its customers, and the value it brings to its Original Equipment Manufacturer partners are unmatched in the IT industry. We have been very impressed by what Dobbelaere and the rest of the management team have built and look forward to helping the Company further accelerate its significant growth potential through organic initiatives and acquisitions," according to a press release by H.I.G. Capital.
According to information available on their website, Mainline delivers a diverse array of solutions ranging from cybersecurity and networking to hybrid cloud options, ensuring businesses maximize efficiency and protection. With expertise in cyber storage, data analytics, and DevSecOps, Mainline offers a comprehensive suite of services backed by strategic partnerships with top technology companies.