H.I.G. Capital Signs Definitive Agreement to Sell General Datatech

EmitenTrust.com SAN FRANCISCO, Sept. 17, 2026 /PRNewswire/ -- H.I.G. Capital ("H.I.G."), a leading global alternative investment firm with $75 billion of capital under management, is pleased to announce that one of its affiliates has signed a definitive agreement to sell its portfolio company, General Datatech ("GDT" or the "Company"), a leading global provider of IT solutions and services, to an affiliate of Softcat plc (LSE: SCT) ("Softcat") for an enterprise value of $1.05 billion. The transaction is subject to customary closing conditions and is expected to close by the end of the first quarter of 2027.

Headquartered in Dallas, Texas, GDT is a leading global IT solutions provider delivering secure, enterprise-grade, AI-ready infrastructure and services to customers across a wide range of end markets. Founded in 1996, the Company takes a services and architecture led approach to delivering comprehensive solutions across its networking, hybrid cloud and data center, cybersecurity, and collaboration practices.

Since H.I.G.'s investment in GDT in 2021, the Company has undergone a significant transformation, strengthening its leadership team, refining its services and solutions capabilities, and establishing a global delivery platform by launching its Bangalore center of excellence. The Company also invested significantly in AI and cybersecurity capabilities, further positioning GDT as a differentiated technology partner to large and complex enterprise customers. During H.I.G.'s ownership, the Company has doubled EBITDA while expanding in high-growth sectors and increasing its mix of recurring gross profit.

Shawn O'Grady, Chair and Chief Executive Officer of GDT, commented, "H.I.G. has been an outstanding partner to GDT and has supported our team as we invested in our people, practices, and client and partner relationships. Together, we have diversified the business, brought tremendous value to our customers, and positioned GDT to capitalize on the significant opportunities created by continued enterprise IT modernization. We are proud of what we have accomplished and excited to begin our next chapter with Softcat."

Aaron Tolson and Kevin Van Culin, Managing Directors at H.I.G., commented, "Shawn and the GDT management team have done a phenomenal job transforming the Company into a leading IT solutions provider. The strategic investments during our ownership into high-growth areas such as hybrid cloud, AI, and cybersecurity have driven exceptional growth. We look forward to following the team's continued success."

Guggenheim Securities, LLC and Moelis & Company LLC served as financial advisors, and Kirkland & Ellis LLP served as legal counsel to H.I.G. and GDT in connection with the transaction.

About General Datatech

GDT is a global IT solutions provider that delivers secure, enterprise-grade, AI-ready infrastructure and services to customers across a wide range of end markets. With a 30-year heritage and a people-first approach, GDT helps organizations modernize and scale their IT environments to support innovation, resilience, and growth. The Company provides services-led solutions across its networking, hybrid cloud and data center, cybersecurity, and collaboration practices. For more information, visit gdt.com.

About H.I.G. Capital

H.I.G. is a leading global alternative investment firm with $75 billion of capital under management.* Based in Miami, and with offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stamford in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, Dubai, and Hong Kong, H.I.G. specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value-added approach:

• H.I.G.'s equity funds invest in management buyouts, recapitalizations, and corporate carve-outs of both profitable as well as underperforming manufacturing and service businesses.
• H.I.G.'s debt funds invest in senior, unitranche, and junior debt financing to companies across the size spectrum, both on a primary (direct origination) basis, as well as in the secondary markets.
• H.I.G.'s real estate funds invest in value-added properties, which can benefit from improved asset management practices.
• H.I.G. Infrastructure focuses on making value-add and core plus investments in the infrastructure sector.

Since its founding in 1993, H.I.G. has invested in and managed more than 400 companies worldwide. The Firm's current portfolio includes more than 100 companies with combined sales in excess of $53 billion. For more information, please refer to the H.I.G. website at hig.com.

*Based on total capital raised by H.I.G. Capital and its affiliates.

Contact:
Aaron Tolson
Managing Director
atolson@hig.com

Kevin Van Culin
Managing Director
kvanculin@hig.com

H.I.G. Capital
One Sansome Street
37th Floor
San Francisco, CA 94104
P: 415.439.5500
hig.com

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SOURCE H.I.G. Capital