Irving-based Quisitive Technology Solutions, a Microsoft Cloud and AI solutions provider, has been acquired by an affiliate of H.I.G. Capital, a global alternative investment firm, with $67 billion of capital under management.
Terms of the deal were not disclosed. Quisitive’s management team, led by CEO Mike Reinhart, will continue to lead the company.
“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,” Reinhart said in a statement. “Given H.I.G.’s track record in the IT services sector, we’re excited to partner with them as we continue our strategic growth and investment agenda to benefit our customers.”
Founded in 2016, Quisitive is a premier cloud services provider in the Microsoft ecosystem, providing digital transformation services, managed services, and AI solutions to mid-size and enterprise clients.
Besides its Irving HQ, Quisitive has seven other offices in Austin, San Antonio, Washington, D.C.; Ottawa, Canada; Hyderabad, India; Tampa, Florida; and Montevideo, Uruguay.
500 global employees
Quisitive has roughly 500 employees globally, and helps clients harness the power of Microsoft Cloud solutions to modernize software applications, streamline business processes, securely migrate and optimize cloud environments in Azure, enhance workforce collaboration, and advance data capabilities and analytics.
The company said its industry-leading technical capabilities, breadth of offerings, and proprietary technologies distinguish the Company as a preeminent Microsoft partner.
“We gained a real appreciation for Quisitive’s differentiation in its scale and depth of technical offerings across the Microsoft Cloud ecosystem, including valued products such as Dynamics, Power BI, Azure, Copilot, and Fabric. We have been extremely impressed by what Mike and the management team have built over the last decade, and look forward to helping the Company accelerate growth,” Kevin Van Culin, managing director at H.I.G., said in a statement.
H.I.G. is based in Miami, with offices in Atlanta, Boston, Chicago, Los Angeles, New York, and San Francisco in the United States, as well as international affiliate offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogotá, Rio de Janeiro, São Paulo, Dubai, and Hong Kong.
H.I.G. said it specializes in providing both debt and equity capital to middle market companies, utilizing a flexible and operationally focused/value- added approach.
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