HIG Capital has signed a definitive agreement to sell its portfolio company General Datatech, known as GDT, to an affiliate of Softcat for an enterprise value of $1.05 billion. The transaction is expected to close by the end of the first quarter of 2027.

Headquartered in Dallas, Texas, GDT is a global IT solutions provider delivering secure, enterprise-grade, AI-ready infrastructure and services. Founded in 1996, the company takes a services and architecture-led approach across networking, hybrid cloud and data center, cybersecurity, and collaboration practices.

Since HIG's investment in GDT in 2021, the company has undergone a significant transformation, strengthening its leadership team and establishing a global delivery platform through a new Bangalore center of excellence. GDT also invested significantly in AI and cybersecurity capabilities. During HIG's ownership, the company has doubled EBITDA while expanding in high-growth sectors and increasing its mix of recurring gross profit.

"Shawn and the GDT management team have done a phenomenal job transforming the company into a leading IT solutions provider," said Aaron Tolson and Kevin Van Culin, managing directors at HIG Capital. Guggenheim Securities and Moelis & Company served as financial advisors, and Kirkland & Ellis served as legal counsel.