M&ATMTSIGNED
HIG Capital sells IT solutions provider GDT to Softcat for $1.05 billion
Value
$1.1Bn
Acquirer
Softcat
Target
GDT
HIG Capital has sold GDT, an enterprise IT infrastructure and services provider based in Dallas, to Softcat. The transaction value is $1.05 billion.
✦ Meridian Analysis
This acquisition sees a European IT solutions provider, Softcat, expanding its capabilities by acquiring a US-based counterpart from a private equity firm. It reflects ongoing consolidation in the IT services sector and cross-border M&A activity.
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