H.I.G. WhiteHorse indicates that a comprehensive financing package has been arranged for QualityHosting to acquire Be-Cloud. H.I.G. WhiteHorse is a credit subsidiary under H.I.G. H.I.G. Capital is a globally leading alternative investment firm that manages capital amounting to 75 billion US dollars.
The financing plan will also provide additional capital to support the future growth and mergers and acquisitions strategy of the merged company.
Be-Cloud was established in 2012 and is headquartered in France. It is one of the leading Microsoft cloud solution providers ( CSP ) and value-added distributors in Europe, offering cloud, artificial intelligence, and cybersecurity solutions to small and medium-sized enterprises through direct and indirect channels. The company operates on a subscription model and has over 37,500 active end-users, as well as more than 1,000 active dealers and MSP partners throughout Europe. Be-Cloud ranks among the top 30 in Microsoft CSP in the EMEA region and has established a platform that combines software distribution with value-added services and support.
QualityHosting is a leading Microsoft CSP in Germany, providing cloud, hosting services, and server hosting solutions to small and medium-sized enterprises through direct and indirect channels. The company serves over 30,000 end customers and has approximately 1,000 distributor partners. QualityHosting is Germany's first Microsoft CSP, having developed a highly automated service delivery platform that combines Microsoft cloud solutions with hosting services, security solutions, and traditional server hosting services.
H.I.G. The person in charge of Pascal Meysson stated: " Be-Cloud and QualityHosting combine a regular revenue model, a leading and differentiated position within the Microsoft ecosystem, as well as a strong growth record. We believe that the merged group, with its scale, is in a favorable position to benefit from the ongoing adoption of cloud solutions, artificial intelligence, and cybersecurity. H.I.G. I am very looking forward to working with PSG Equity and the management team to drive the next phase of growth."
About Be-Cloud
Be-Cloud helps small and medium-sized enterprises adopt Microsoft solutions and provides services that can enhance corporate performance in a 100% secure environment. The solutions from Be-Cloud enable centralized enterprise management, real-time information retrieval, maintain business continuity in mobile working environments, and improve team collaboration. Be-Cloud has been certified and recognized for its professional capabilities in Microsoft solutions, covering Office 365, Microsoft 365, Azure IaaS and PaaS, Dynamics 365, Power BI, PowerApps / Power Automate.
As an important Microsoft cloud integrator, Be-Cloud serves over 30,000 users in France. For more information, please visit be-cloud.
About QualityHosting
QualityHosting was established in 1998 and is headquartered in Gelnhausen, Germany. The company has been a long-term partner of Microsoft Cloud, with its main services including cloud infrastructure, Microsoft 365, network security, and managed services for small and medium-sized enterprises. It serves over 30,000 customers and more than 1,000 partners in Europe, and positions itself as a market leader in Hosted Exchange solutions in Germany, Austria, and Switzerland. QualityHosting combines Microsoft Cloud products with its own solutions (such as “Managed Security 365”) as well as migration, consulting, support, and training services, positioning itself as a one-stop service provider for cloud and IT needs. For more information, please visit qualityhosting.co.
Regarding H.I.G and Capital.
H.I.G is a globally leading alternative investment firm that manages capital amounting to $75 billion. The company is headquartered in Miami and has offices in Atlanta, Boston, Chicago, Los Angeles, New York, San Francisco, and Stanford in the United States. It also has international offices in Hamburg, London, Luxembourg, Madrid, Milan, Paris, Bogota, Rio de Janeiro, Dubai, and Hong Kong around the world. H.I.G focuses on providing debt and equity capital to medium-sized enterprises, adopting a flexible, operation-oriented approach with the goal of value addition:
- The equity funds of H.I.G invest in management buyouts, capital restructurings, and divestiture transactions of manufacturing and service companies that are either profitable or underperforming.
- H.I.G's debt funds invest in senior debt of enterprises of various sizes, as well as Unitranche and subordinated debt financing, including both the primary market (direct lending) and the secondary market.
- H.I.G's real estate funds invest in value-added properties that can benefit from improved asset management.
- H.I.G. Infrastructure focuses on investments in Core-Plus with value-added potential and in the infrastructure sector.
Since its establishment in 1993, H.I.G has invested in and managed over 400 companies globally. The company's current portfolio includes more than 100 companies, with total revenues exceeding 53 billion US dollars. For more information, please visit the H.I.G website. hig.com.
*Based on the total capital raised by H.I.G, Capital and their affiliated companies.*
Contact Information:
Pascal Meysson, H.I.G. The person in charge of WhiteHorse Europe, [ email protected ]
Charles Bourgeois, Managing Director, [ email protected ]
Marimba Odundo - Mendez, Principal, [ email protected ]
H.I.G. WhiteHorse Europe
10 Grosvenor Street
2nd Floor
London W1K 4QB
United Kingdom
T: +44 (0) 207 318 5700
hig.com
