H.I.G. WhiteHorse Provides Financing for the Acquisition of Be-Cloud by QualityHosting
H.I.G. WhiteHorse, a credit arm of H.I.G. Capital with $75 billion in assets under management, has arranged financing to support the acquisition of French Microsoft Cloud Solution Provider (CSP) Be-Cloud by German CSP QualityHosting, which is part of PSG Equity’s portfolio. The funding package also aims to provide additional capital for future growth and M&A strategy of the combined entity. Both companies serve small-to-medium businesses with cloud solutions, AI services, cybersecurity, managed hosting, and Microsoft products across Europe through direct and indirect channels. Be-Cloud has over 37,500 active end customers and more than 1,000 resellers in Europe, while QualityHosting serves over 30,000 clients with a similar partner network. Pascal Meysson of H.I.G. WhiteHorse highlighted the combined entity’s strong recurring revenue model and leading position within Microsoft's ecosystem as key strengths for future growth driven by cloud adoption, AI integration, and cybersecurity demand.
Topics: acquisition cloud services financing Microsoft CSP
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