HelpSystems, an Eden Prairie, Minnesota-based provider of system and network management, business intelligence, and security & compliance solutions, has been acquired by H.I.G. Middle Market, the middle market affiliate of H.I.G. Capital.
Summit Partners was the seller in the transaction whose financial terms weren’t announced and whose completion is still subject to regulatory and anti-trust approval.
Led by Chris Heim, CEO, HelpSystems is a provider of system & network management, business intelligence, and security & compliance solutions. With over 9,000 customers across a broad range of industries, the company is the market leader within system & network management for the IBM-i operating system and is expanding its presence on the Windows, Linux, and Unix platforms.