H.I.G. Capital Finalizes Agreement for General Datatech Sale to Softcat
On September 17, 2026, H.I.G. Capital, a prominent global investment firm managing approximately $75 billion in assets, announced that it has successfully signed a definitive agreement to transfer ownership of its portfolio company, General Datatech (GDT), to Softcat plc, a UK-based technology firm, at an enterprise valuation of $1.05 billion. This major transaction is expected to finalize by the end of the first quarter in 2027, following customary conditions that are standard in such agreements.
General Datatech, headquartered in Dallas, Texas, stands out as a global provider of IT solutions and services, specializing in enterprise-grade, secure, and AI-ready infrastructure across diverse sectors. Founded in 1996, the company has adopted a services and architecture-led approach, enabling it to offer tailored solutions across various practices, including networking, hybrid cloud, data centers, cybersecurity, and collaboration. The acquisition deal not only signifies a strategic move for Softcat to expand its portfolio but also underlines the transformative journey that GDT has undergone since H.I.G. Capital's investment in 2021.
Throughout its partnership with H.I.G., GDT has made impressive strides in transforming its operations, focusing on enhancing its leadership team and refining its service offerings. A significant highlight of this transformation was the establishment of a center of excellence in Bangalore, which has played a crucial role in augmenting GDT's global delivery platforms. The company has substantially invested in enhancing its AI and cybersecurity capabilities, solidifying its position as a preferred technology partner for large organizations with complex infrastructure needs.
Under the stewardship of H.I.G., GDT has seen a remarkable doubling of its EBITDA while expanding into high-growth markets and increasing its recurring gross profit mix. Shawn O'Grady, the Chair and CEO of GDT, expressed gratitude towards H.I.G. for being a solid partner during this transition phase. He noted that the collaborative efforts have diversified GDT's business model, brought significant value to their customers, and positioned them favorably to harness upcoming opportunities from ongoing IT modernization within enterprises.
O'Grady stated, "We are proud of what we have accomplished and excited to begin our next chapter with Softcat." This sentiment echoes the positive outlook from H.I.G.'s Managing Directors, Aaron Tolson and Kevin Van Culin, who recognized the outstanding job the GDT management team has done in steering the company into a leadership position within the IT solutions industry. They emphasized that GDT's strategic investments in critical areas such as hybrid cloud, AI, and cybersecurity have been pivotal in driving exceptional growth during H.I.G.'s ownership.
The sale also marks an important step for Softcat, as it seeks to leverage GDT’s innovative solutions to enhance its own offerings and deliver even greater value to its clients. As technology continues to evolve rapidly, the integration of GDT's services and capabilities is anticipated to fortify Softcat's competitive edge in the burgeoning IT solutions market.
Both Guggenheim Securities and Moelis & Company acted as financial advisors for H.I.G., while Kirkland & Ellis LLP provided legal counsel concerning this major transaction. The strategic move represents another notch in H.I.G. Capital's ongoing commitment to investing in and transforming middle-market companies to deliver superior operational performance and long-term value.
For more information on General Datatech, you can visit their official website at gdt.com, while H.I.G. Capital can be explored through their site at hig.com, where they detail their extensive operations catered to various sectors, including debt, equity, and real estate investments.
General Datatech, headquartered in Dallas, Texas, stands out as a global provider of IT solutions and services, specializing in enterprise-grade, secure, and AI-ready infrastructure across diverse sectors. Founded in 1996, the company has adopted a services and architecture-led approach, enabling it to offer tailored solutions across various practices, including networking, hybrid cloud, data centers, cybersecurity, and collaboration. The acquisition deal not only signifies a strategic move for Softcat to expand its portfolio but also underlines the transformative journey that GDT has undergone since H.I.G. Capital's investment in 2021.
Throughout its partnership with H.I.G., GDT has made impressive strides in transforming its operations, focusing on enhancing its leadership team and refining its service offerings. A significant highlight of this transformation was the establishment of a center of excellence in Bangalore, which has played a crucial role in augmenting GDT's global delivery platforms. The company has substantially invested in enhancing its AI and cybersecurity capabilities, solidifying its position as a preferred technology partner for large organizations with complex infrastructure needs.
Under the stewardship of H.I.G., GDT has seen a remarkable doubling of its EBITDA while expanding into high-growth markets and increasing its recurring gross profit mix. Shawn O'Grady, the Chair and CEO of GDT, expressed gratitude towards H.I.G. for being a solid partner during this transition phase. He noted that the collaborative efforts have diversified GDT's business model, brought significant value to their customers, and positioned them favorably to harness upcoming opportunities from ongoing IT modernization within enterprises.
O'Grady stated, "We are proud of what we have accomplished and excited to begin our next chapter with Softcat." This sentiment echoes the positive outlook from H.I.G.'s Managing Directors, Aaron Tolson and Kevin Van Culin, who recognized the outstanding job the GDT management team has done in steering the company into a leadership position within the IT solutions industry. They emphasized that GDT's strategic investments in critical areas such as hybrid cloud, AI, and cybersecurity have been pivotal in driving exceptional growth during H.I.G.'s ownership.
The sale also marks an important step for Softcat, as it seeks to leverage GDT’s innovative solutions to enhance its own offerings and deliver even greater value to its clients. As technology continues to evolve rapidly, the integration of GDT's services and capabilities is anticipated to fortify Softcat's competitive edge in the burgeoning IT solutions market.
Both Guggenheim Securities and Moelis & Company acted as financial advisors for H.I.G., while Kirkland & Ellis LLP provided legal counsel concerning this major transaction. The strategic move represents another notch in H.I.G. Capital's ongoing commitment to investing in and transforming middle-market companies to deliver superior operational performance and long-term value.
For more information on General Datatech, you can visit their official website at gdt.com, while H.I.G. Capital can be explored through their site at hig.com, where they detail their extensive operations catered to various sectors, including debt, equity, and real estate investments.
Topics Business Technology）
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