H.I.G. WhiteHorse Provides Financing for Be-Cloud Acquisition by QualityHosting
H.I.G. WhiteHorse, the credit subsidiary of H.I.G. Capital, has arranged a financing package to support QualityHosting’s acquisition of Be-Cloud, a Microsoft Cloud Solution Provider based in France. The deal is expected to enhance the combined company's growth and M&A strategy by leveraging both firms' strong positions within the European cloud market. Be-Cloud serves over 37,500 end customers with its subscription-based model and operates one of Europe’s largest CSP networks. QualityHosting, a German Microsoft CSP founded in 1998, provides cloud infrastructure, managed services, and cybersecurity solutions to more than 30,000 clients across Germany, Austria, and Switzerland. The merger is seen as strategically beneficial due to the complementary strengths of both companies within the Microsoft ecosystem. H.I.G. WhiteHorse expressed confidence in the combined entity’s ability to capitalize on growing demand for cloud computing, AI, and cybersecurity solutions.