DENVER, CO - Headwaters MB announced today that it advised Milestone Technologies, Inc. (“Milestone”), a leading provider of managed information technology services to rapidly-growing, global enterprises, on an investment from H.I.G. Capital.
The investment will allow Milestone to continue to deliver differentiated, world-class IT services to Milestone’s customers and to enable the Company’s continued expansion.
Founder and CEO, Prem Chand said, “We are very excited about the partnership with H.I.G. and the shared vision we have for the next stage of Milestone’s growth. H.I.G.’s investment will provide us with the capital and strategic resources necessary to grow Milestone and better serve our customers.”
Tyler Comann, Managing Director at Headwaters MB, commented, “Milestone wanted us to find a partner that had the financial resources to support growth and had a business approach that fit the innovative Milestone culture. Headwaters brought a number of premier investors to the table. Among the options, H.I.G. proved to be the perfect fit.”