In one embodiment, a power converter system includes a first input terminal and a second input terminal operable to connect to an alternating current (AC) power source, and an output terminal at which an output voltage can be provided to a load. A first inductor and a first diode are connected in series between the first input terminal and the output terminal. A second inductor and a second diode are connected in series between the second input terminal and the output terminal. A first switch is connected to the first inductor and the first diode, and a second switch is connected to the second inductor and the second diode. The first switch and the second switch alternately function as a boost switch and a synchronous rectifier for charging and discharging the first and second inductors during operation of the power converter system. An auxiliary network is operable to provide for zero voltage switching (ZVS) and zero current switching (ZCS) conditions for both the first and second switches during operation of the power converter system.