H.I.G. Middle Market, the dedicated middle market investment affiliate of H.I.G. Capital, a global private equity investment firm with $19 billion of equity capital under management, has entered into a definitive agreement to acquire HelpSystems from current investor Summit Partners.

Eden Prairie, MN-based HelpSystems is a provider of system & network management, business intelligence, and security & compliance solutions.

Evercore is acting as lead financial advisor to H.I.G. Credit Suisse is also a financial advisor to H.I.G.

Fraser Preston, managing director at H.I.G., commented, “We are excited to partner with Chris Heim, Dan Mayleben, and the entire HelpSystems team to continue the Company’s strong growth. We look forward to working together with the management team to expand HelpSystems’ suite of products and to continue to provide best-in-class service to HelpSystems’ customers.”

“We are thrilled to work with H.I.G.,” said Chris Heim, CEO of HelpSystems. “We share core philosophies of taking exceptional care of customers and employees and together we’ll continue on the mission of delivering software that makes IT lives easier and solves real problems.”