Wireless communication system is of paramount importance in the world of telecommunication infrastructure and is expected to be a leading role in the development of a nation. However, the system is characterized by multipath propagation effects that lead to variability of the received signal thereby degrading the performance. Equal Gain Combiner (EGC) being used to address this problem is associated with hardware complexity that results in long processing time, while Threshold Combiner (TC) with low processing time has poor performance. Hence, in this paper, a hybridized Diversity Combiner (DC) consisting of EGC and TC, (TC-EGC) with a closed form expression over Nakagami fading channel is developed. TC-EGC is derived using the conventional EGC and TC at the receiver. Randomly generated bits used as source data are modulated using M-ary Quadrature Amplitude Modulation (M-QAM) and transmitted over Nakagami channel after filtering. The faded signals generated at varying paths ‘L’ (2, 3, 4) are scanned by TC to select the strongest paths. The outputs from the three TCs are combined by EGC to obtain the received signal which is converted to baseband through demodulation. A mathematical expression using the Probability Density Function (PDF) of Nakagami fading channel at varying paths ‘L’ for Outage Probability (OP) is also derived. The technique is simulated using Matrix Laboratory (version 7.2). The performance is evaluated using Signal-to-Noise Ratio (SNR), Outage Probability (OP) and Processing Time (PT). The study shows that the TC-EGC gives lower OP and PT values when compared with conventional EGC and TC, with reduction in hardware complexity. The TC-EGC developed can be used to enhance the performance of wireless communication system.