Comverge and H.I.G. Capital Announce Satisfaction of the Minimum Condition in the Tender Offer for Shares of Comverge

Comverge, Inc. COMV ("Comverge" or the "Company") and H.I.G. Capital, LLC ("H.I.G."), a leading global private equity investment firm, today announced the satisfaction of the minimum condition of the tender offer for all of the outstanding shares of common stock of Comverge by Peak Merger Corp. ("Peak") and Peak Holding Corp. ("Holding"), both affiliates of H.I.G., for $1.75 per share in cash, without interest and less any applicable withholding taxes. The offering period expired at 5:00 p.m., New York City time, on Wednesday, May 9, 2012.