H.I.G. Capital, LLC Logo

through their portfolio company

Milestone Strategic IT logo

has acquired

Covestic Inc. logo

Dinan & Company initiated this transaction

Milestone Technologies, a portfolio company of H.I.G. Capital, Acquires Covestic Inc.

Buyer

H.I.G. Capital, LLC

Leading global private equity firm focused on management buyouts and recapitalizations of leading middle market companies as well as growth equity investments.

Portfolio Company

Milestone Technologies, Inc.

An IT infrastructure life-cycle support company. 

Seller

Covestic Inc.

Provider of IT services for midsize and enterprise organizations.

Industry

Technology

Sector

IT & Managed Services

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