The private equity firm H.I.G. Capital on Monday said it expects its $283 million cash acquisition of NCI, Inc. [NCIT] will close on Tuesday having successfully completed its $20 per share tender for the company’s shares over the weekend.
Once the acquisition is completed, NCI will become privately held and its stock will cease trading on the NASDAW Global Select Market.
As a portfolio company of H.I.G., NCI expects to it will be able to accelerate its growth plans.