Feb 7 (Reuters) - Converge Technology Solutions Corp ( CTSDF )

:

* CONVERGE TECHNOLOGY SOLUTIONS TO BE ACQUIRED BY H.I.G.

CAPITAL

* CONVERGE TECHNOLOGY SOLUTIONS CORP ( CTSDF ) - SHAREHOLDERS TO

RECEIVE

C$5.50 PER SHARE IN CASH

* CONVERGE TECHNOLOGY SOLUTIONS CORP ( CTSDF ) - TRANSACTION VALUES

CONVERGE

AT ENTERPRISE VALUE OF C$1.3 BILLION

* CONVERGE TECHNOLOGY SOLUTIONS CORP ( CTSDF ) - TO DELIST COMMON

SHARES

FROM ALL PUBLIC MARKETS

* CONVERGE TECHNOLOGY SOLUTIONS CORP ( CTSDF ) - GREG BERARD TO SERVE

AS CEO

OF COMBINED BUSINESS

* CONVERGE TECHNOLOGY SOLUTIONS CORP ( CTSDF ) - FEE OF C$34.4 MILLION

PAYABLE BY CONVERGE IF DEAL TERMINATED UNDER CERTAIN

CIRCUMSTANCES

Source text:

Further company coverage: