On December 31, 2024, Quisitive Technology Solutions Inc. agreed to be acquired by an affiliate of H.I.G. Capital for C$169.1 million. Shareholders will receive C$0.57 per share in cash, a 57.1% premium to the 20-day average price. The transaction was unanimously approved by Quisitive’s Board after a strategic review.

William Blair & Company, L.L.C. acted as exclusive financial advisor to Quisitive, with legal counsel from Cassels Brock & Blackwell LLP and Bass, Berry & Sims PLC. H.I.G. Capital was advised by Weil, Gotshal & Manges LLP and Stikeman Elliott LLP. The deal is expected to close in Q1 2025, pending shareholder and regulatory approvals.