Energy Services | Norcross, GA | Corporate Acquisition
H.I.G. Capital has completed the sale of Comverge to resource business Itron (NASDAQ: ITRI) in a cash transaction valued at about $100 million. Comverge is a provider of smart-grid utilities services that generated $60 million in revenue last year. H.I.G. acquired the company for about $49 million in a 2012 take-private buyout.