HGGC has agreed to acquire a majority stake in information technology company HelpSystems from H.I.G. Capital and Split Rock Capital. The two latter private equity firms, along with HelpSystems’ management team, will keep a stake in the company.

Eden Prairie, Minnesota-based HelpSystems provides IT software tools along with cybsersecurity consulting services to more than 13,000 small and mid-sized business worldwide. The company has previously worked with Newell Brands Inc. (NYSE: NEWL) , FedEx (NYSE: FDX) and Mattel Inc. (Nasdaq: MAT).

“We love classic partnership deals like this,” says HGGC co-founder Rich Lawson. “We’ve had great success partnering with respected private equity firms in the past, and we’re excited to work with H.I.G., management and the other investors to build on the tremendous success HelpSystems has achieved over its history, and to accelerate its more recent growth and solutions expansion.”

HGGC is a middle market private equity firm based in Palo Alto, California with more than $4.25 billion in capital commitments. The private equity firm was founded in 2007 as Huntsman Gay Global Capital. The firm is led by Lawson, Greg Benson and managing director Steve Young, who played quarterback for the San Francisco 49ers.

HGGC remains active across the middle market, buying medical supplements distributor AIMC LLC, purchasing event management software company Etouches, swallowing up vitamin distributor Nutraceutical International Corp., acquiring online marketing research company Instantly Inc. In 2017, HGGC bought a majority stake in database management tools company Idera. More recently, the PE firm made two add-on acquisitions to Davies Group Ltd.

William Blair and Morgan Stanley are advising HGGC. Evercore Inc. (NYSE: EVR) and Piper Jaffray Cos. (NYSE: PJC) are advising HelpSystems. Jefferies is providing debt financing.