Submitted by dariat on

In February, Mainline Information Systems acquired IT servics provider Converge Technology Solutions for $793 million, expanding its U.S. presence and enhancing its cloud, AI and cybersecurity services. 

Seller Name
Converge Technology Solutions
Buyer Name
Mainline Information Systems
Value Type
Deal Value
$793M
EV/S Multiple
0.5x revenue
Deal Date
Banner
Mainline Information Systems acquired Converge Technology Solutions