H.I.G. Capital sells General Datatech to Softcat
The Dallas IT services provider doubled EBITDA during H.I.G.’s ownership; closing is expected by the end of the first quarter of 2027.
An H.I.G. Capital affiliate agreed to sell General Datatech to an affiliate of Softcat at an enterprise value of $1.05 billion. Founded in 1996 and based in Dallas, GDT provides networking, hybrid-cloud, data-center, cybersecurity and collaboration services to enterprise customers.
H.I.G. invested in the business in 2021. During its ownership, GDT opened a Bangalore delivery center, invested in AI and cybersecurity capabilities, and doubled EBITDA while increasing its recurring gross-profit mix.
The transaction remains subject to customary closing conditions and is expected to close by the end of the first quarter of 2027.
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